The HK$5.9 billion (US$720 million) Cathay Pacific Cargo Terminal at Hong Kong International Airport, which began operations in February last year and became fully operational in October, has been officially opened. The terminal is a wholly-owned subsidiary of Cathay Pacific Airways Limited.
Chief executive of the Hong Kong special administrative region Leung Chun-ying said at the opening: “Maintaining Hong Kong’s position as an international aviation hub hinges on two key elements: connectivity and infrastructure.
“On connectivity, frequencies and networks are the essence. With a prime location in the Asia-Pacific region, passengers and cargo can reach all major Asian cities by air within four hours, and half of the world’s population within five hours.”