Chen Mingde, vice-mayor of Guangzhou, is encouraging more
foreign companies to participate in developing the city's air
transportation industry.
Guangzhou has mapped out a strategy to tap its potential as an
international cargo aviation transportation and logistics hub, Chen
said.
"That offers a myriad of investment and business opportunities
for foreign investors and business representatives," Chen told The
Airport-Related Economy Development Seminar 2007.
"The room for foreign investment in the city's airport-related
economy is big enough," Chen said. He promised foreign investors
and businesspeople would earn profits if they participated.
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 this end, the airport has also been urged to expand
cooperation with neighboring airports in the Hong Kong and Macao
special administrative regions, as well as in Shenzhen and Zhuhai
special economic zones, to increase the region's cargo
transportation business.
And construction of a new runway will commence 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.
With the completion of its third runway, Guangzhou Baiyun
International Airport would be able to accommodate more than
720,000 plane takeoffs and landings annually.
(China Daily November 23, 2007)
