Budapest Airport’s cargo team took part in the China Air Cargo Summit in Shanghai, a gathering of senior managers from airports, airlines and logistics companies. Hungary’s “opening to the east” policy ties in well with China’s “One Belt One Road” trade development strategy.
According to a press release by Budapest Airport, Chinese partners are increasingly seeking a new logistics hub in the Central-Eastern-European region. It was stated that Chinese goods worth 700 million USD passed through the Hungarian capital airport last year, and cargo figures from 2018 suggest double-digit growth prospects in this segment as well.
The development of Budapest as a regional logistics hub for Chinese goods is facilitated by the fact that the construction of the Cargo City, a new, state-of-the-art warehouse and office base has commenced, with the first phase of 20.000 m² due to be handed over in the second half of next year.
“In the dynamically developing world of e-commerce, we are doing everything we can to convince our Chinese partners that Budapest is the best choice if they want to establish a distribution hub in the CEE region. Partners with huge traffic, such as Alibaba, could make decisions in the near future on the location of their new European distribution centers,” emphasized René Droese, property and cargo director for Budapest Airport.
