The Airport Authority of Hong Kong has announced its will begin its third runway project next year to keep Hong Kong’s air cargo trade competitive in the face of growing competition from Mainland China.
Leading logistics company DHL has welcomed the news, with Hong Kong International Airport hitting another record of 4.4m tonnes of cargo throughput in 2014/15, making it the world’s busiest air cargo hub for the past five years.
The growth isn’t looking to slow either, with the Airport Authority forecasting 8.9m tonnes of cargo throughput by 2030.
An increase in cross-border e-commerce sales and demand for perishables such as seafood and imported cherries has pushed the demand for air cargo, with trade between Hong Kong and China now one of the largest in terms of merchandise and tourism.
'Our Central Asia Hub in Hong Kong boasts of the region's largest throughput. This large volume can be attributed to the surging exports frommainlandChinaand the Pearl RiverDelta, as well as growing demand and rising consumption across Asia Pacific,” said Jerry Hsu, CEO of DHL Express Asia Pacific in a company statement. “In response to rising customer demand, we are continuously expanding our Asia air network to boost our connectivity and shorten transit times.”
Part of DHL’s expansion has included a new intra-Asia flight that connects Bangkok, Hanoi and Hong Kong five times a week, and added extra services on its Penang, Ho Chi Minh City and Hong Kong route, Hsu added.
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