UPS to build new hub facility at Hong Kong International Airport
United Parcel Service (UPS) has reached an agreement with Airport Authority Hong Kong (AAHK) to develop a new hub facility at Hong Kong International Airport.
The airport is confident that the new facility which will further enhance HKG’s cargo capacity and reinforce its status as the world’s leading air cargo hub.
Expected to complete in 2028, the new express cargo complex will be capable of handling close to one million tonnes of freight per annum and will be built on a land parcel of two hectares with airside access.
Airport CEO, Fred Lam, said: “We have long embraced the growing importance of e-commerce in global trade and have been taking forward several strategic new facilities in order to capture the new opportunities and further sharpen our competitiveness in air cargo.
“UPS’s new facility is another important addition to our portfolio of cargo facilities which will help the airport strengthen its position as a leading global air cargo and e-commerce fulfilment hub.”
HKG handled a total of 4.2 million tonnes of cargo in 2022 to maintain its status as the world’s busiest airport for international cargo volumes. When the Three-runway System operates in full, it will be able to handle an annual cargo volume of 10 million tonnes.
AAHK notes that several major air cargo projects at HKG are completing and progressing this year, while the airport’s existing express cargo handling capacity has expanded, a new premium logistics centre focusing on e-commerce has also just been completed.