News Content
Heathrow to invest US$693m in expansion of Terminal 2
AN extra GBP650 million (US$693.55 million) is to be invested in Heathrow during 2019 to signal a vote of confidence in post-Brexit Britain. Part of the funds will be used to expand Terminal 2 and planning works for a new southern access tunnel for the Central Terminal Area.
Heathrow chief executive John Holland-Kaye was quoted in a report by Air Cargo World as saying the funds "will help us build on our success... and further improve resilience at the nation's hub."
The shareholders who approved the plan include pension fund the Universities Superannuation Scheme, Ferrovial, Caisse de depot et placement du Quebec, GIC, Alinda Capital Partners of the US, China Investment Corp and Qatar Investment Authority.
Heathrow chief executive John Holland-Kaye was quoted in a report by Air Cargo World as saying the funds "will help us build on our success... and further improve resilience at the nation's hub."
The shareholders who approved the plan include pension fund the Universities Superannuation Scheme, Ferrovial, Caisse de depot et placement du Quebec, GIC, Alinda Capital Partners of the US, China Investment Corp and Qatar Investment Authority.
Latest News
- For the first time, tianjin Port realized the whole process of dock operati...
- From January to August, piracy incidents in Asia increased by 38%!The situa...
- Quasi-conference TSA closes as role redundant in mega merger world
- Singapore says TPP, born again as CPTPP, is now headed for adoption
- Antwerp posts 5th record year with boxes up 4.3pc to 10 million TEU
- Savannah lifts record 4 million TEU in '17 as it deepens port
