|Status:||Taxiway under construction / Third runway credibly proposed|
|Value:||$800 million ($300 million for taxiway / $500 million for third runway)|
|Timeframe:||Taxiway expected to be completed in 2022. Construction of third runway set to commence 2021/2022, pending government approvals. Due to complete by 2025|
|Primary Contractor:||Taxiway: Fulton Hogan / Third runway: Unknown|
Melbourne Airport is Australia’s second-busiest airport and, with its existing two-runway system, expects to reach capacity during peak periods between 2020 and 2022.
Work is already well underway on the airport's new $300 million taxiway network, ‘Taxiway Zulu’, which is being overseen by Fulton Hogan. It will provide more space for aircraft traffic and prepare the way for the airport's potential third runway. Site work started in July 2019 and is expected to complete in 2022.
The airport is currently developing a Major Development Plan (MDP) regarding the installation of a third runway that will allow for increased aircraft movements and provide significant economic benefits for the state.
Melbourne Airport will allocate the next 12–18 months towards undertaking modelling, assessment and development of approval documentation, with the goal of releasing the MDP for public comment in early 2021.
Approximately 300–400 jobs will be created during construction, with as much as $16.8 billion per annum expected to be added to Victoria's gross state product by 2043 as a result of the project.
Image courtesy of Melbourne Airport.
Article published on Monday, 09 December 2019