Hainan Airlines to build huge “Aerotropolis” in Beijing
May 31, 2010 Category Members' News, Weekly
Hainan Airlines (HNA) plans to invest CNY30 billion to build the Beijing International Aerotropolis (BIA) in Songzhuang, Tongzhou district. The 44-hectare project was launched last week and will spill over into Shunyi district and the city center upon completion. HNA Board Director Chen Feng said the BIA would become the commercial center of Tongzhou district, accommodating four major tenants: the offices of Hainan Airlines, financial service companies, e-commerce companies and entertainment companies. Hainan Airlines is the fourth-largest airline in China after Air China, China Eastern Airlines and China Southern Airlines. “The project will provide at least 80,000 jobs and contribute 30% of the area’s GDP, as well as 35% of government revenue, to Tongzhou,” Chen said. The project, part of Tongzhou’s ambitious 10-year development plan, will be completed by 2015. Tongzhou district is 16 km from Beijing Capital International Airport airport, and in 2009 had a population of 1.08 million and a GDP of CNY25 billion, the China Daily reports.
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