Incheon Airport
Airport City September 2016
Sungsoon Park
Deputy Director, Airport City Team Incheon Airport, Korea 1
1. Incheon Airport 2. Current Airport city Projects 3. Hub & Future Airport city 2
4. IIAC supports & economic effects
1. Incheon Airport
3
Geographic Advantage Metropolitan, Most densely populated area
700 million people living within 2.5hrs flight
25 million
Incheon Airport
4
Main facilities Runway ①&②
IIAC HR Academy
Runway ③
Terminal 2 (in 2018) Cargo Terminal Area
Concourse A
Shuttle Train
Runway 5 (Future)
Runway ③
Airport LogisPark
T1 Control Tower
5
Operational Performance Passengers : 4.9 million
Cargo : 2.6 million
2.42million
182,000
28.1million
149,000
24.0million
126,094
20.9million
2.34million
Avg. Growth rate 6.7%
2.13million
(Unit : passengers)
2015
2010
2008
2006
2002
2015
2010
2006
(Unit :flights)
2008
1.70million 2004
2002
2008
2015
29.9million
2010
211,000
2006
2.68million
2004
33.4million
2002
214,000
2004
Flight Movement : 305,446
(Unit : metric tons)
Unit : Million 95.6
CAGR 4.1% 63.5
83.3 68.9
Passenger demand is expected to grow with annual average growth rate 4.1%
55.7
33
35
37.4
39.1
41
2010
2011
2012
2013
2014
43.2
45.6
2015
2016
48.1
2017
The number of passengers already exceeded the forecast in 2012 2020
2023
2025
2030
6
2035
Extensive Travel Network [As of April 2016]
25
Europe
15
CIS
America China
Middle East Africa
1
Japan
47
28
24
6 Asia
33
Oceania
47 Cities in China
8
24 Cities in Japan 7
Comparison with Other Competitors International Passengers thousands
49,786
45,000 40,000
35,402
35,000
29,592
30,000 25,000
19,829
20,000
14,424
15,000
10,524
10,000 5,000 0 Incheon
Taipei
Narita
Haneda
Beijing
Shanghai
[As of 2015, ACI World Airport Traffic Report]
8
World Best Airport, INCHEON ASQ Awards Rated 1st on Airport Service Quality Survey conducted by Airport Council International(ACI) for 11 consecutive years(including 2015) 2008
2007
2006
2009
2011
2010
2013
2012
1
INCHEON
1
INCHEON
1
INCHEON
1
INCHEON
1
INCHEON
1
INCHEON
1
INCHEON
1
INCHEON
2
KUALA LUMPUR
2
KUALA LUMPUR
2
SINGAPORE
2
SINGAPORE
2
SINGAPORE
2
SINGAPORE
2
SINGAPORE
2
SINGAPORE
3
HONGKONG
3
SINGAPORE
3
HONGKONG
3
HONGKONG
3
HONGKONG
3
BEIJING
3
BEIJING
3
BEIJING
4
SINGAPORE
4
HONGKONG
4
NAGOYA
4
BEIJING
4
BEIJING
4
HONGKONG
4
NEWDELHI
4
PUDONG
5
DALLAS
5
NAGOYA
5
HALIFAX
5
HYDERABAD
5
PUDONG
5
NAGOYA
5
HONGKONG
5
NEWDELHI
Other Awards & Compliments TIME
9
2. Current Airport City Projects
10
Aerotropolis – Government Plan Aerotropolis
Cheong Na
Airport City
Aerotropolis
Song Do
Young Jong Airport City 11
11
Current Status of IFEZ(Aerotropolis) Young Song Do Jong Cheong Na
12
12
Government Plan – agreed cluster of stakeholders
Leisure (Casino Resorts)
Cargo & Business (Logistics
Retail & con” (Fashion)
Convention & Exhibit)
Monorail
13
Tourism & Leisure (Resort, Water sports, Eco tour)
Air City facilities Successfully attracted large-scale investment(approx. US$ 2.3 billion) for the Air City project The Air City project will increase ICN’s air traffic demand and attract more customers Airport Support Complex
1
IBC-I 1st Phase (165,000㎡)
2
IBC-Ⅲ Area (161,000㎡) ▪ Hotels, Office, Commercial, etc. ▪ Expected to open in 2018
▪ Hotels(3)·Offices(4)·Commercial(1)·Hospital(1) ▪ Grand Hyatt grand-opened in September 2014
Leisure Town
3
IBC-I 2nd Phase (330,000㎡) ▪ Hotels(814rooms), casino, convention, commercial, spa, plaza, etc. ▪ Under construction(‘14.11~), open in 2017
Sports Complex
4
IBC-Ⅲ Area (3,274,000㎡) ▪ Integrated Resorts. Attracting investment ▪ Expected to open in 2020
5 Water Park (151,000㎡) ▪ 1st Phase(Motorboat Racing) : Operation by KSPO (’07.4 open) ▪ 2nd Phase(Hotel) : 370rooms(‘14.9 open)
14
6
BMWDrivingCenter(236,000㎡)
7 Golf Course (3,931,000㎡)
▪ Tracks, Training Center, Museum, etc. ▪ 1st BMW Driving Center in Asia
▪ 72 holes ▪ Temporarily Operated until 2020
IBC-I Project – Completed
4 offices Worldgate
Sky-world
T1 LG-Eclat
3 Hotels 2 Grand Hyatt
The-O-ville
Commercial / Hospital / Leisure Golf Course
Best Western
15
15
Leisure Town - Completed BMW Dirving Center
Golf Course (Sky72)
Water Park (Motor boat racing area)
Magnetic Levitation Train
16
`
3. Air Hub & Future Airport city
17
IIAC Strategy ; Air Hub
ICN
18
Airport is Evolving 2nd 1st
+
3rd
19
Challenge makes new Business Relax Recharge
Shopping Meeting
Entertainment Amenity
Centralized service In Airport Hotel Office
Transit Stopover
Incheon Airport City 20
Exhibition
Incheon Air City Airport City is Core area of national economy Role
Concept
Function
Airport Evolution from simple transportation to various service area utilizing passengers actively
New Air City Development Contributing to Global Air Hub
Development of Fundamentally supporting Facilities meeting Airport Function Creating Air traffics and helping Hub airport through integrated Leisure, Entertatinment & Culture facilities
Brand
Air City
21
Competitors in N.E Asia Competitors of ICN
ICN Vision 2020
Int’l Passenger N. America 2015
Europe
PEK
ICN
45mil.
2020
66mil.
NRT PVG HKG
TPE
Transit Passenger
BKK
KUL
2015
SIN
7mil.
22
2020
10mil.
Back Ground – Increase of pax Foreign Visitors
[Thousands]
12,961
Korea Inbound
11,866 9,467 7,583 6,154 5,742
China
Japan
45.2%
13.9%
5,984,170
1,837,782
‘05
‘07
‘09
‘11
‘13
Chinese Tourists
Taiwan
[Thousands]
3.9% 3.9%
‘15
5,984
518,190
4,326
523,427
Hong Kong 2,220 710
1,068
1,342
[Tourism Statistics 2015] '05
23
'07
'09
'11
'13
'15
Strength –location
• Less than 2hrs of flight from Beijing, Shanghai, Tianjin and Tokyo • 97 cities with a population over one million within a 3.5hr flight radius • A quarter of world’s population within a 3.5hr flight radius
24
24
Strength –location in Korea
SEOUL
25
25
Future Airport City IBC-1 2nd(Paradise City)
Site : 34ha (IBC-I 2nd area) Lease Term : Max. 50 years(+optional) Project Investment : $ 2 billion(est.) Main Function : Casino, Commercial, Offices, Hotels & Convention, Spa etc Under construction (Opening in 2017) 26
26
Future Airport City IBC-2(Mohegan sun IR)
Land Use Plan basin
Entertainment Hotel Accommodation
Commercial Leisure and Fun Main Park International Business Parking Lot Education, Culture
Site : 328ha Lease Term : Max. 50 years(+optional) Project Investment : $ 5 Billion(est.) Main Function : Hotel, Casino Resort, Arena, Amusement park, Commercial, Business Jet Terminal Signing contract with Inspire IR in Aug. 2016
27
Future Airport City IBC-3 T2
< Land use plan >
< Facilities > Function
: Supporting zone for T2 Area : 165,000 ㎡ Facilities
IBC-3
- 4 Hotel, 3 Residences, 4 Offices, - Commercial Facilities. Development period: 2010 to 2022 * Bidding will be hold in 2017
28
T 2 - 3rd Phase Construction
2nd Pax. Terminal
+18million
54million
72million
+1.3million
4.5million
5.8million
29
Improving Traffic Network
1 2
Highway
Highway
3
Subway
4
KTX
5
T2
Central Seoul 45min’
1
Seoul
Songdo 20min’
T1`
3 4
Seoul Station 50min’ 5
2
Maglaev
30
The Best Airport to Transfer World No.1 Duty Free
Free Transit Tour
Cultural Experience
Cultural Events
Diverse Services & Amenities for Transfer Passengers(shower room, kids zone, lounge, etc.)
31
4. IIAC support and economic effects
32
IIAC Supports Infrastructure Support
Marketing Support
Administrative Support
33
Economic effects with Integrated Resorts Increasing Pax & Revenue
* Source : ICN consulting in 2015
Air Hub Contribution to local economy
New paradigm of airport city
34
Thank you
Sungsoon Park
Deputy Director, Airport City Team Incheon Airport, Korea Tel. (82) 32-741-5287 Email :
[email protected] 35