Changi Airport Update
Changi Airport Group SVP Market Development Lim Chiang Kiat discusses the prospects for faster traffic growth, including in the key Singapore-China market, and planned expansion projects. Changi passenger traffic was up by less than 1% in 2014 as traffic from China declined and was flat in 1H2015. Changi expects to open Terminal 4 in 2017 and the third runway in about 2020. A fifth terminal is expected to open in about 2025.