4:12:44 PM | 22/9/2008
Cathay Pacific Airways held the groundbreaking ceremony of the Cathay Pacific Cargo Terminal at Hong Kong International Airport (HKIA).
The new terminal will be completed by the second half of 2011 with a designed annual air cargo throughput capacity of 2.6 million tonnes. The terminal will be a common-use facility open to all airline customers. The additional air cargo handling capacity and facilities provided by the new terminal will help further reinforce Hong Kong International Airport’s position as the world’s premier international airfreight hub.
Speaking at the groundbreaking ceremony, Tony Tyler said that Hong Kong’s status as the number one airfreight hub is vital to the city’s economic future and underlined Cathay Pacific’s commitment to further developing the hub.
Understanding that the aviation industry is facing challenges arising from surging aviation fuel prices and a slowdown in the global economy, Secretary for Transport and Housing Eva Cheng stressed: “It is important that we maintain the momentum of our infrastructure investment so we are fully prepared when conditions revive to achieve better growth in the longer term. In the coming few years, several other projects will change the face of this part of Lantau Island. These projects will effectively enhance the competitiveness of the airport.
Marvin Cheung, Chairman of Airport Authority Hong Kong, said: “Cathay Pacific’s investment in the new cargo terminal represents a significant commitment to our airport’s development and a further vote of confidence in Hong Kong’s future.”
P.V