Central Asia tipped to be Hong Kong’s next logistics hub: Airport Authority head
Central Asia can become a strategic logistics hub for Hong Kong as wars in the Middle East and Europe persist, with cargo volume between the city and two countries in the region surging nearly fivefold year on year, the Airport Authority chairman has said. Fred Lam Tin-fuk, who joined a recent trip with Chief Executive John Lee Ka-chiu to Central Asia, also said on Sunday that passenger traffic at Hong Kong airport could reach 70 million this year, recovering to nearly pre-Co
Hong Kong's Airport Authority chairman, Fred Lam Tin-fuk, has suggested that Central Asia could emerge as a crucial logistics hub for the city. This potential is amplified by ongoing conflicts in the Middle East and Europe, which have disrupted traditional trade routes. Cargo volume between Hong Kong and two Central Asian nations has seen a significant increase, nearly quintupling compared to the previous year. Lam also anticipates a strong recovery in passenger traffic at Hong Kong International Airport, projecting it to reach 70 million this year, nearing pre-pandemic levels.
This strategic shift could redefine Hong Kong's role in global trade and air cargo, offering new opportunities amidst geopolitical instability.
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