Reconstruction of Changi Airport cost 1.17 billion U.S. Dollars

Published on : Monday, December 23, 2013

changiSingapore’s Changi Airport , which is known as the Jewel of the new mixed- use complex , 1.47 billion Singapore dollars ( 1.17 billion U.S. dollars ) will be spent , local media reported on Saturday .

Capture the tourism market and the ground and five basement levels of car park and retail space, five floors above , a stopover point for travelers worldwide as the Singapore Changi Airport ‘s new project which aims to enhance the appeal .

Glass and steel building , jointly developed by local designers and will be ready in a world-renowned architect Moshe Safdie 2018 . Construction of the complex will be built on the car park , will begin the second half of 2014 .Changi Airport Group and CapitaMalls Asia , a unit of Southeast Asia ‘s biggest developer , had inked a joint venture to develop the project . Changi Airport Group CapitaMalls Asia owns a 51 % stake will be 49 per cent .

1.47 billion Singapore dollars in development costs have been included in the price of the land , they said.Program with a plan to expand the capabilities of SQL Changi Airport , was announced in August this year .Changi Airport Group Project tourist attraction in the market and will enable the airport to enhance the appeal of Singapore as a stopover point .


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