‘Innovative aircraft processing plant planned for Hong Kong’s Northern Metropolis’
A leading French aeronautic services company plans to establish an aircraft parts processing and trading center in Hong Kong's Northern Metropolis, a first for Asia, potentially creating thousands of jobs and opening up a valuable new industry. Financial Secretary Paul Chan is expected to announce details of the project and the partnership with the French firm next week.
This initiative aligns with Beijing's call for Hong Kong to enhance international collaboration and contribute to China's further opening up, particularly amidst US-China tensions. The plan to develop Hong Kong as a regional hub for aircraft parts was initially outlined in Chan's recent budget address, where he mentioned a memorandum of understanding between the Airport Authority and an overseas aeronautic services company to explore services like aircraft dismantling, parts recycling, and training. Chan later confirmed the partner was a prominent French aerospace company.
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A leading French aeronautic services company plans to establish an aircraft parts processing and trading center in Hong Kong's Northern Metropolis, a first for Asia, potentially creating thousands of jobs and opening up a valuable new industry. Financial Secretary Paul Chan is expected to announce details of the project and the partnership with the French firm next week.
This initiative aligns with Beijing's call for Hong Kong to enhance international collaboration and contribute to China's further opening up, particularly amidst US-China tensions. The plan to develop Hong Kong as a regional hub for aircraft parts was initially outlined in Chan's recent budget address, where he mentioned a memorandum of understanding between the Airport Authority and an overseas aeronautic services company to explore services like aircraft dismantling, parts recycling, and training. Chan later confirmed the partner was a prominent French aerospace company.
via SCMP Full Text Feed
