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'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

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

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

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

NVOCC and seafreight forwarder,Famous Pacific Shipping, has announcedthe launch of the FPS Airbrand in New Zealand. According to Marcus Goldsworthy,managing director of FPS New Zealand,the Group is making great strides incertain markets to build on its airfreightactivities, and New Zealand is one suchmarket that presents significant opportunitiesfor airfreight volume growth. "In the last two years, we have launchednew services, expanded our coverageof the Pacific Islands, relocated … [Read more...] about FPS Air launches in NZ