
Five airports in Indonesia have been allocated a multi-million dollar budget to undergo upgrading.
State Airport Operator PT Angkasa Pura I (AP I) has allocated IDR5.6 trillion (US$655.2 million) to expand the airports in Bali, Balikpapan, Surabaya, Yogyakarta and Banjarmasin.
AP I intends to convert the facilities in these five airports into world-class transport hubs, featuring hotels and shopping centres, by 2013.
With the increase in passenger capacity of each airport, AP I expects company revenues to increase and that this would help drive the development of Indonesia's travel and tourism industry.
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