What is driving the rise of GMR Power And Urban Infra Limited (543490) - Free Stock Portfolio Optimization

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What is driving the rise of GMR Power And Urban Infra Limited (543490) ✌️【Stock Market Analyst】✌️ Free expert predictions on stock trends and real-time data to help you make informed decisions and grow your wealth steadily. China is adding yet another superlative to its aviation roster: the world’s largest airport on a man-made island.

Currently under construction off the country’s northeast coast, the Dalian Jinzhou Bay International Airport will eventually cover a 20-square-kilometer (7.7-square-mile) island with four runways and a 900,000-square-meter (969,000 sq ft) passenger terminal, according to an airport statement.

Its operators aim to handle 80 million passengers per year across 540,000 flights, with the first phase due to open in 2035.

“The country’s largest offshore airport is rising slowly from the sea level like the sunrise in the east,” reads a post by Dalian Jinzhou Bay International on Chinese social media platform WeChat.

Once completed, it will become the world’s largest airport on an artificial island, surpassing both Hong Kong International Airport (HKG) and Japan’s Kansai Airport (KIX).

“There have been great challenges to the construction,” Li Xiang, chief engineer of Dalian Airport Construction and Development Co., Ltd., toldstate-run local mediain October, “as the project has complex geological conditions, high drilling difficulty and high demand in quality with a tight construction schedule.”

Dalian, a city of 7.5 million people, has long been a transport hub due to its proximity to Japan and South Korea.

Dalian Zhoushuizi Airport, the city’s international airport that has been operating for nearly a century, has already met its maximum capacity and has been expanded several times in recent years, according toYicai,astate-linked newspaper.

What is driving the rise of GMR Power And Urban Infra Limited (543490) ✌️【Stock Market Analyst】✌️ Free break-even services with personalized investment plans. Quickly recover from losses, avoid risks, and achieve steady growth with expert stock predictions and real-time market updates. The city started site selection and demonstration work on the new airport in 2003, but construction only began in earnest a few years ago, according tostate-run local media.

What is driving the rise of GMR Power And Urban Infra Limited (543490) ✌️【Stock Market Analyst】✌️ Expert guidance on stock market trends and real-time updates on stock indices, futures, and exchange rates. Make well-informed decisions and plan the best investment strategies for capital growth. New airports are a key part of China’s aviation growth. The country is on track to pass the United States and becomethe world’s largest air travel market.

Beijing’s second airport, Daxing (PKX),opened to great fanfareon October 1, 2019, the 70th anniversary of the founding of the People’s Republic of China.

What is driving the rise of GMR Power And Urban Infra Limited (543490) ✌️【Stock Market Analyst】✌️ Free stock data analysis tools to help you select stocks accurately and capture global market trends. Stay ahead with expert market predictions for better investment returns. At the time, Chinese officials said the country would need 450 airports by 2035 to keep up with demand.

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