Korea to build new airport in 'TK' region; 7.8 times bigger than existing Daegu airport

Korea will build a new airport in the southeastern region, marking the first time a civilian and a military airport will be relocated simultaneously, the land ministry said Friday. Under the plan, the government will invest 2.7 trillion won ($1.8 billion) to construct a joint civilian-military airport in the so-called TK region, which includes Daegu and North Gyeongsang Province. Daegu International Airport and a military airport in the city will be relocated to the new site in the nearby counties of Uiseong and Gunwi, the ministry said. "The new TK Airport is not a typical social infrastructure project," said Shin Yoon-geun, a ministry official, adding that it will serve as a catalyst for new growth engines and help the region overcome the risk of population decline. The new facility will be significantly larger than the current Daegu International Airport, with the site roughly 7.8 times bigger and the passenger terminal about 4.5 times larger. The new airport site will cover 1.34 million square meters, with a passenger terminal spanning 123,650 square meters. To prevent redundant invest