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Article: HONG KONG: Construction contract award for planned $100,000,000 express-cargo terminal, DHL INTERNATIONAL (HONG KONG) LTD. [Hong Kong/USA] - Order #: 117502.
- Article from:
- WWP-Business Opportunities in Asia & the Pacific
- Article date:
- November 1, 2002
CopyrightCOPYRIGHT 2002 Worldwide Projects, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PROJECT OVERVIEW:
The local AIRPORT AUTHORITY recently awarded a contract to DHL INTERNATIONAL (HONG KONG) LTD., a subsidiary of US-based DHL WORLDWIDE EXPRESS INC. (DHL), for the construction of a new dedicated express-cargo terminal (ECT) at the Chek Lap Kok International Airport. According to the terms of the award, DHL will be responsible for developing, building and operating the terminal. And, the concession is expected to last for 15 years. The airport for that matter, with a yearly throughput of 2.28 million tons of air cargo is considered to be the world's busiest.
Construction plans under consideration, to be implemented in 3 stages, call ...