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Wednesday, April 16, 2008

China leads world in airport city development

from this morning's GlobeSt (4/16):

Last updated: April 16, 2008 09:54am

China Leading Globally With Airport City Plans
By Connie Gore

"BEIJING-To keep up with its exponential growth on all fronts, China has embraced the airport cities concept by setting a five-year plan in motion to develop all types of commercial space inside and outside their anchors' fences. The building frenzy is an offshoot of double-digit annual growth in passenger and cargo traffic.

China is leading the world in the development of airport cities, with 15 in various stages of planning as support for an aeronautical pipeline calling for 95 additional airports by 2020 for the existing base of 149 facilities, according to Ping Wang, co-founder and EVP of Washington, DC-based Garfinkle & Wang Associates, and the general manager of GCW [Beijing] Ltd. He said seven of the country's existing airports, which include shared facilities with the military, are supporting 70% of the country's annual passenger and cargo traffic.

As a result of the hard push, the country is caught in an infrastructure race to build roads and high-speed rail to support office, retail, logistics, manufacturing and residential development, all airport-anchored and related." ....

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