[photopress:air_Guangzhou___s_Baiyun_Airport.jpg,full,alignright]FedEx, the US-based logistics giant, plans to start operation of its Asia-Pacific delivery centre it is currently building within Guangzhou’s Baiyun Airport, shown from the air in our illustration, by the end of 2008.
This delivery centre project has a total investment of US$337 million and is expected to become a super large delivery center catering toover 30 Asia-Pacific countries.
The project is expected to add about one million tonne per year of cargo turnover for the Baiyun airport within the first year of operation.
FedEx predicts that this delivery center will handle US$11 billion in revenue by 2010 and $65 billion by 2020.
Construction of the project started in early 2006.
Source: CargoNews Asia
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