China’s National Development and Reform Commission, its top economic planner, has approved Xi’an Xianyang International Airport’s CNY 47.1 billion (USD 7 billion) plans to expand its airport for the third time.

The NDRC green-lit the project, which is being handled by the CAAC Northwest Regional Administration, on Jan. 11, local media reported yesterday. The expansion includes an airfield and facilities for fuel supply and air traffic control and will allow the airport to run 595,000 flights a year by 2030, transporting 83 million passengers and a million tons of cargo and mail.

The increased capacity will improve service standards at the airport, which is one of China’s seven major regional air traffic hubs, the report added, saying it will also transform the airport into a global transport hub, facilitate the Belt & Road Initiative, speed up Shaanxi province’s economic growth and offer support for the CAAC’s goal of enhancing national transport.

The Belt & Road is Chinese President Xi Jinping’s multi-decade plan to build a vast trade and infrastructure route spanning roads, rails, pipes and waterways across multiple continents.

Xianyang International is located in Shaanxi province and entered operations in 1991. It transported 44.6 million passengers and 310,000 tons of cargo last year, according to public data. It connects 62 domestic and foreign airlines and 171 cities via 313 domestic and international routes. The local customs administration began offering through check-in services for inbound and outbound passengers at the port in March 2017.

Costs for the airport expansion breakdown as CNY44.3 billion for the airfield, CNY1.9 billion for the traffic control center and CNY950 million (USD141 million) for the fuel supply system.