South Korea’s Incheon Airport in first foreign equity venture
South Korea's Incheon Airport has acquired a 10% stake in Khabarovsk Novy Airport marking its first equity investment in an overseas gateway. Incheon, which completed the master plan for the Russian airport, has also expressed an interest in acquiring an equity stake in “two or three” airports in the Asia Pacific region as part of a new globalisation business strategy to export its expertise.
