A joint venture set up by ChangiAirport Management and SheremetyevoInternational Airport plans toparticipate in the management of tenairports in the Russian Federation. Changi has already become a consultantof the Pulkovo reconstructionproject and plans to co-operate in themanagement of the southern airportsowned by Basic Element. Sheremetyevo International Airportand Changi Airports International arein the process of setting up a jointventure to manage the first terminalof the Moscow … [Read more...] about JV to manage Russian airports
Latest News
Seoul speeds up Incheon FEZ approvals
South Korea said that it will revampbusiness authorisation guidelines tohelp domestic and foreign companiesinvest more easily in the IncheonInternational Airport free economiczone (FEZ). The airport FEZ is one of the freeeconomic zones Asia's third-largesteconomy is pushing to develop as partof efforts to become a business hub inNortheast Asia. The free economic region, located40 kilometres west of Seoul, covers34,141 acres and will be developed by2010. It includes a bonded area … [Read more...] about Seoul speeds up Incheon FEZ approvals
India sets policy for cargo airports
India's civil aviation ministry is finalisinga policy for development of airportsexclusively for cargo operations. Official sources told Economic Timesthe development of such exclusiveairports will attract substantial privateinvestment in the cargo segment. The civil aviation ministry has startedidentifying the requirements of differentsectors - ranging from those tradingin perishable goods to consumerdurables - to help formulate the policy,sources added. While Nagpur is being … [Read more...] about India sets policy for cargo airports
Abu Dhabi airport to boost cargo
New $6.8 billion expansion plans forthe Abu Dhabi International Airportinclude expanding cargo capacity from150,000 tonnes to two million tonnes,Gulf News reported, citing Joe Romano,an architect at Kohn Pedersen FoxArchitects. In addition, the airport will alsohave a new control tower and a secondrunway, plus a third terminal featuringeight gates large enough to accommodatethe Airbus A380. The expansionwill be completed by 2010. … [Read more...] about Abu Dhabi airport to boost cargo
China approves new Jieyang airport
An official advisory board has approvedconstruction of Jieyang's ChaoshanAirport, in the eastern part ofGuangdong province, the GuangzhouDaily reported. The 4.5 billion yuan (US$581.5 million)project, which is expected to be launchedthis year, will be ready by 2010. The new airport will be connected byseveral highways that will enable easiermovement of goods for the easternpart of Guangdong Province and thesouthern part of Fujian Province. … [Read more...] about China approves new Jieyang airport
SEKO expands to Mumbai
India's vastly improved IT andtelecom infrastructure, along withnumerous new multinational businessoperations, has created a growingdemand for international logistics services,to which SEKO has been able torespond by adapting to the changingglobal trends. SEKO-India is responsible for servingSoutheast Asia, Europe and the US. Currently more than 60 percent ofbusiness process outsourcing (BPO)opportunities from the US and UK areconducted through India. This expandingmarket has led SEKO to … [Read more...] about SEKO expands to Mumbai