Nation seeks boost in airport investment
6 years, 4 months ago

Nation seeks boost in airport investment

China Daily  

An aircraft is seen on the tarmac at airport in Sanya, Hainan province, Sept 4, 2018. Government will encourage policy banks, financial bodies to offer diverse services China said it will encourage and attract private investment to help build more general aviation airports, to provide more comprehensive services such as public transportation and social services, and further promote the growth of the sector. During the 13th Five-Year Plan, the Civil Aviation Administration of China will appropriate civil aviation development funds to the building of one to two general aviation airports in different provinces. In addition, more general aviation airports should be built in areas with frequent natural disasters and near national highways to enhance emergency rescue capability by air, the statement said. "For long, the limited number of general aviation airports and inadequate support facilities have been one of the restrictive factors that hampered the growth of the general aviation sector," said Lin Zhijie, an aviation industry analyst and columnist at Carnoc, one of China's largest civil aviation websites.

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