The Daniel K. Inouye Airport will get a new $1.1 billion concourse to increase the number of gates, add passenger capacity and provide a new international arrivals area, Gov. David Ige announced today.

Airports officials said the new facility will be built in phases on what is now an employee parking lot, a baseyard for the airport’s Wiki-Wiki shuttle vehicles and land that is now occupied by the existing Diamond Head Concourse.

The project will be financed entirely with revenues collected from the airlines and from concession operators at the airport, according to state Department of Transportation spokesman Tim Sakahara.

The Legislature appropriated money to begin planning the project two years ago, and airports officials will soon award a contract to begin planning the new facility. Ige said construction will start in five years, and should be completed five years after that.

According to the Ige administration, the project will consist of:

>> A roughly 800,000-square-foot concourse to replace the existing building;

>> Between 12-14 wide-body gates, expandable to 21 gates;

>> A 200,000-square-foot Customs and Border Protection facility capable of processing 4,000 arriving passengers an hour;

>> Security screening checkpoint and baggage screening facilities for the Transportation Security Administration;

>> A new parking area for airport employees.