Chosun Biz
Kim Bo-yeon
08 October 2026
Rising budgets and feasibility reviews delay multiple new airport projects nationwide
The total project costs for five of six regional new airports have risen by more than 10% over the past five years.
The Daegu-Gyeongbuk New Airport's project cost rose 13.3%, from 2.3836 trillion won to 2.6996 trillion won. The second Jeju Airport increased 11.9%, from 4.8734 trillion won to 5.4532 trillion won, and the Gadeokdo New Airport increased 11.9%, from 12.4958 trillion won to 13.9842 trillion won...
Airport cost surges slow South Korea’s regional expansion plans - CHOSUNBIZ - 08 October 2026







