Volga-Dnepr Group, Henan Airport Group and Zhongyuan Asset Management have signed an agreement to expand the ‘One Belt, One Road’ cooperation in the province.
The ‘One Belt, One Road’ initiative was announced by the president of China, Xi Jinping in 2013 to develop international cooperation between China and other countries through creating transport and investment infrastructure, and Russia is one of the most important partners.
Zhongyuan Asset Management was established in 2015 with the approval of Henan province’s local government, and bases itself upon developing the Zhengzhou Airport Economic Comprehensive Experimental Zone.
Signing the deal, Volga-Dnepr Group president, Aleksey Isaikin says the group has extensive experience of the Chinese market, and the advantage of a large fleet of aircraft including Antonov AN-124-100s, Iluyshin IL-76TD-90VDs, Boeing 747s and Boeing 737s.
He says: “The potential advantages of Zhengzhou were obvious to us right from the beginning, notably its advantageous geographical location and the existence of the Zhengzhou Airport Economic Comprehensive Experimental Zone, which boasts a positive development trend. This Experimental Zone is the first and only one in China, and its development is supported by the Chinese government.”
Volga-Dnepr first operated charter flights to China in the 1990s and when AirBridgeCargo Airlines started operations in 2004, its first flights were to China.
AirBridgeCargo was the first foreign cargo carrier to fly to Zhengzhou Airport, and it now operates daily services to the airport.