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The Rip
19th Mar 2008, 03:16
Cathay awarded $4.8b cargo terminal contract
2008-03-19 HKT 01:22


Cathay Pacific has been awarded a 4.8-billion-dollar contract to design, construct, and operate a new air cargo terminal at the Hong Kong International Airport. The agreement will last for 20 years, and was signed by the Airport Authority and a subsidiary of Cathay. The new terminal will be capable of handling 2.6 million tonnes of cargo a year. It is expected to be operational by the second half of 2011.

RTHK
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