UK airport expansion is 35 years too late. We're trailing places like Singapore
How is a nation of 5.5 million people able to triple its air passenger numbers to 140 million a year? Infrastructure investment, unlike the dithering UK
Singapore, whose investment corporation owns 11.2% of Heathrow, will be delighted with the decision to build a third runway, a decision it sees as coming after 25 years of indecision and lost opportunity.
In truth, it’s even worse than that, as the first plans for expanding the UK’s airport capacity were produced in 1971 – 35 years ago. The UK government estimates that Heathrow expansion could boost the economy by at least £61bn over 60 years, which would put the the cost of the indecision into the billions – lost income that could have been spent on other infrastructure, so desperately needed in the UK.
Source: Guardian Transport