Budapest Airport signs Belt & Road deal with Henan aviation investment firm
BUDAPEST Airport has signed an agreement with China's Henan Civil Aviation Development and Investment Co (HNCA) in the framework of the Belt and Road Initiative (BRI), the airport has announced
BUDAPEST Airport has signed an agreement with China's Henan Civil Aviation Development and Investment Co (HNCA) in the framework of the Belt and Road Initiative (BRI), the airport has announced.
'The cooperation agreement signed with the HNCA is the next big step in intensifying cooperation with our Chinese partners and making Budapest Airport the leading cargo hub in Central Eastern Europe,' said Budapest Airport Jost Lammers, reported Xinhua.
The framework for future development, cooperation and exchange of information was laid down in the agreement signed by Budapest Airport and HNCA in the presence of Tamas Menczer, state secretary from the Hungarian Ministry of Foreign Affairs and Trade.
'Budapest Airport offers the ideal location for transporting goods between Europe and Asia,' Mr Lammers said.
He also said Budapest Airport has invested EUR46 million (US$51.5 million) into the construction of the new BUD Cargo City, with 21,000 square metres of warehouse and office space, an 11,000-square metre forwarder building and a 32,000-square metre cargo apron that allows the simultaneous handling of two Boeing B747-8F cargo aircraft.
The agreement has been signed in the frame of a Chinese-Hungarian seminar, focusing on the development of economic cooperation in the field of air cargo, within the framework of the BRI.