Hong Kong and Shenzhen sign development agreement

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Shenzhen Airport Management Company president, Wang Yang (left) with Airport Authority Hong Kong CEO, Fred Lam

Airport Authority Hong Kong (AA) and Shenzhen Airport Management Company have signed an agreement to improve development between Shenzhen Bao’an International Airport and Hong Kong International Airport (HKIA).

The agreement outlines areas of cooperation between the airports, including reforming Pearl River Delta (PRD) airspace by enhancing airspace resources allocation. They will set up a working group to regularly review and follow up on projects as well as hold seminars to share experience in marketing and internationalisation of airport management. The agreement was signed by AA chief executive officer, Fred Lam, and Shenzhen Airport Management Company president, Wang Yang.

Lam says: “The agreement has been signed after many rounds of meetings between the two parties. The strengthened cooperation between the two airports can enhance the optimisation of airspace resources in PRD region.”

“The two airports will also support the medium and long-term expansion plans of each other which will facilitate the long term development of both airports and contribute to the economic advancement of the PRD region.”