[photopress:logistics_cheng_mendge.jpg,full,alignright]Chen Mingde, vice-mayor of Guangzhou and seen here, is encouraging more foreign companies to help in developing the city’s air transportation industry. Guangzhou has mapped out a strategy to expand its postion as an international cargo aviation transportation and logistics hub.
Chen Mingde said the strategy offers a myriad of investment and business opportunities for foreign investors and business representatives. He said the room for foreign investment in the city’s airport-related economy is big enough and he promised foreign investors and businesspeople would earn profits if they participated. Which is a fairly large promise to make.
Guangzhou Baiyun International Airport, one of the country’s three busiest airports, has been determined to become the world’s 15th largest in terms of cargo volume before 2015.
To achieve this the airport has been urged to expand c-ooperation with neighbouring airports in the Hong Kong and Macau special administrative regions, as well as in Shenzhen and Zhuhai special economic zones, to increase the region’s cargo transportation business.
Construction of a new runway will start early next year to accommodate growing passenger and cargo transportation volumes.
The runway, the airport’s third, has been scheduled to be put into use in 2010 when the city holds the 16th Asian Games. The airport plans to operate 50 international flights that year.
Source: CargoNews Asia