The Government of China announced the long-awaited approval for the construction of a new international airport in January 2013. The new airport is located in Daxing, a suburb district south of the city. It reduces congestion at the existing airport and caters to the needs of Beijing passengers.
Beijing Daxing airport was developed at a cost of CNY120bn ($17bn approximately) while the projects in its periphery attracted investments of CNY330bn ($46.2bn approximately).
It is expected to handle 72 million passengers by 2025 and up to 100 million passengers and four million tonnes of cargo upon further expansion.
Construction work on the Daxing airport commenced in December 2014 and the steel structure of the terminal was formed in June 2017.
The new airport places Beijing alongside some of the most prominent cities in the world. The airport is expected to replace Hartsfield-Jackson Atlanta International Airport as the world’s busiest airport.