The project could take around eight years to complete, and could be finished by 2023. Vincent Lo Hong-sui, chairman of the Airport Authority Hong Kong, said: "Expanding HKIA into a three-runway system provides obvious benefits. It will consolidate our city’s status as an international and regional aviation hub, spur economic development and create hundreds of thousands of jobs. This is a project for Hong Kong, and we are committed to taking it forward."
The three-runway system will be able to serve 30 million more passengers annually upon its completion. Land will be reserved for further airport expansion, depending on future demand.