AA to be pushed to bid extension of logistics
Earlier in the Budget, it was mentioned that land on both the airside and the airside will be reserved at South Airport Cargo Terminal to support transshipment, cross-border e-commerce and the development of high value-added air cargo. AAAS Executive Director Chan Ching Si said the site covers an area of 5.3 hectares and is located outside the restricted area of the airport. The target is to build a high-end logistics center with a gross floor area of 3.5 million square feet and open tenders within a few weeks. The expected construction time About 5 years.
Orient Overseas Selling Fast Approved
She said that apart from coping with the demand for cargo transshipment from the Mainland to overseas, it is hoped that the new logistics hub can enhance the Hong Kong International Airport’s ability to handle high-value temperature-controlled goods such as pharmaceuticals. She also pointed out that the new logistics center and the freight station are only separated by two streets and stressed that last year’s cargo traffic in Hong Kong reached 4.58 million tons and the overall cargo capacity reached 7.4 million tons. It is not a center of saturated capacity. In the light of the demand of the electricity supplier in recent years, Increase, increase the construction of high-end logistics centers to attract merchants to use Hong Kong’s air cargo logistics services.
In addition, Dongfang Overseas (00316) Chairman Dong Jiancheng said that the approval of the sale of equity interests to COSCO Hai Zun (01919) is proceeding smoothly. It is expected that the approval by the European Union will have a short-term result and the transaction is expected to be completed by the end of next year. He thinks that this year’s recovery of the shipping industry is mainly driven by the mainland’s real estate, infrastructure and energy investment in the United States. If the demand can not be extended till next year, then it will depend on the consumer demand to make up the relevant growth gap.
The 23rd to 24th of this month HKTDC will hold the 7th “Asian Logistics and Shipping Conference”, attracting more than 20 countries and regions and about 2,000 professionals from the industry to discuss the “One Belt, One Road”, building intelligent logistics, etc. issue. The council led a delegation to visit Zhuhai before the meeting to understand the development of the Hong Kong-Zhuhai-Macao Bridge and Tai Wan District.