The government of Indonesia offered Singkawang airport for private investment in a market sounding event in Jakarta. The airport is set to be awarded through a public-private partnership mode. The development requires an investment of IDR 4.3 trillion (US$ 306.40 million), which covers IDR 1.7 trillion (US$ 121.13 million) for capital expenditure and IDR 2.6 trillion (US$ 185.27 million) for operational costs. The government is expecting to complete the project by 2023.

Over the concession period of 32 years, the airport is expected to generate IDR 15.9 trillion (US$ 1.13 billion) in aeronautical revenue and IDR 2.1 trillion (US$ 149.6 million) in non-aeronautical revenue. Singkawang airport is one of the twelve airport development projects in the 2020-2024 National Medium-Term Development Plan (RPJMN). The plan also includes the development of airport projects in Mandailing Natal Regency, North Sumatra, Bolaang Mongondow regency in North Sulawesi and Pahuwato regency in Gorontalo.