BUD taps Belt and Road with two China MoUs

MOU Xi'an BUD
(l-r) René Droese, chief property and cargo officer of Budapest Airport; Péter Szijjártó, minister of foreign affairs and trade; and Wang Zhendong, deputy managing director of Xi’an Xianyang International Airport.

Budapest Airport has signed on to China’s Belt and Road with agreements to “cooperate closely” with two major Chinese cargo hubs, in order to further develop aviation links between China and Hungary.

The first agreement with Xi’an Xianyang International Airport (XIY) was signed in Hungary at the Hungarian-Chinese Forum held parallel to the Belt and Road Forum summit in Beijing last week.

Budapest Airport will also sign a cooperation agreement with Zhengzhou Xinzheng International Airport (CGO) in May this year, when a Chinese delegation is due to visit Budapest.

“Between two countries ­like these – with quite a distance between them geographically – strong economic cooperation is only possible if they are well-connected, which is why aviation connections, direct flights between Hungary and China, are of key importance,” says Péter Szijjártó, minister of foreign affairs and trade, at the signing ceremony.

“For this reason, we are delighted that a cooperation agreement between the airport of Xi’an and Budapest Liszt Ferenc International Airport is signed, as this agreement may link additional Chinese cities to the network where direct flights are available from Hungary, from Budapest. In addition to economic ties, our connections in tourism can also be developed further,” he adds.

During the Hungarian-Chinese Forum, a series of other agreements were signed between the Hungarian and Chinese partners, in the field of investments and the pharmaceutical industry.

The development of logistics and cargo is part of efforts by Hungary’s Ministry of Foreign Affairs and Trade to boost cooperation with China in the field of trade and the development of joint projects, the airport says.

The support of Hungarian diplomats and trade promotion experts has helped Budapest Airport to double the weekly capacity of direct cargo flights between Budapest, Hong Kong and Zhengzhou, and also to enhance the belly cargo links on board scheduled Air China passenger flights between Beijing and Budapest.

“The foundation stone was laid with the direct connection to Zhengzhou, and now it is time to further intensify our cooperation with our new Chinese partners, and thus exploit the enormous potential in the freight business in particular.

“Zhengzhou, Xi’an and Budapest share a great dynamic of growth, and we are very confident that we can mutually benefit from this cooperation,” said Jost Lammers, the CEO of Budapest Airport.

The cooperating partners will promote the rapidly growing Budapest Airport in China even more strongly, as a prime gateway to Central and Southeastern Europe, the airport says. In addition to the tourism potential in passenger traffic (Shanghai Airlines will start three new direct flights per week between Shanghai and Budapest on 7 June), the aim is to develop freight flows between the Chinese locations and Budapest.

To help accomplish this coordination of regular, close exchanges of information, joint marketing campaigns and events are also planned, both in China and the CEE region.

Since the beginning of April, Cargolux has been operating two additional direct cargo flights per week between Zhengzhou, one of the fastest growing airports in the world, and Budapest. With Xi’an International Airport, located at the “gateway to the Silk Road”, in the industrial province of Shaanxi, Budapest Airport has gained a strategically important partner, to help develop the Hungarian capital airport into a regional cargo hub in Central and Southeast Europe for Chinese enterprises, the airport says.

With a view to increasing demand from dedicated cargo operators, last year Budapest Airport launched a EUR 32.6 million project to construct a brand new Cargo City. The structure of the 21,600 sqm warehouse near Terminal 2 of Budapest Airport has already reached its final form.

Next to it, earthworks are progressing at full speed on the so-called forwarder building. The latter will offer 11 200 square meters of warehouse space, combined with office space adjacent to the cargo operations warehouse and the new, 32,000 squm cargo apron to be built this year, which will enable cargo operators to service two code F or Jumbo-sized aircraft simultaneously. The new cargo facility of Budapest Airport will be handed over to operators and tenants by the end of this year.

The document was signed by Wang Zhendong, deputy managing director of Xi’an Xianyang International Airport and René Droese, chief property and cargo officer of Budapest Airport in the presence of Péter Szijjártó, minister of foreign affairs and trade.

Summary
BUD taps Belt and Road with two China MoUs
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BUD taps Belt and Road with two China MoUs
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Budapest Airport has signed on to China's Belt and Road with agreements to "cooperate closely" with two major Chinese cargo hubs, in order to further develop aviation links between China and Hungary.
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AsiaCargoBuzz.com
AsiaCargoBuzz.com
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