Beijing’s $63 billion airport begins operations

The airport was built in less than five years. Shaped like a phoenix the airport was designed by famed Iraqi-born architect Zaha Hadid. (Reuters)
Updated 28 October 2019
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Beijing’s $63 billion airport begins operations

  • 50 foreign airlines to move all or part of their China operations to the airport
  • The relocation of all the airlines, which will use Daxing is to due to be completed by the winter of 2021

BEIJING: Beijing’s new $63 billion Daxing airport began its first scheduled international flights on Sunday as it ramped up operations to help relieve pressure on the city’s existing Capital airport.

Shaped like a phoenix — though to some observers it is more reminiscent of a starfish — the airport was designed by famed Iraqi-born architect Zaha Hadid, and formally opened in late September ahead of the Oct. 1 celebrations of the 70th anniversary of the People’s Republic of China.

It boasts four runways and is expected to handle up to 72 million passengers a year by 2025, eventually reaching 100 million.

China Southern Airlines and China Eastern Airlines will be the main domestic carriers at Daxing, though Air China will provide a small number of flights too.

An Air China flight to Bangkok was the first international flight to leave on Sunday, while British Airways will operate the first transcontinental flight, to London.

About 50 foreign airlines, including Finnair, plan to move all or part of their China operations to the airport in the coming quarters.

The relocation of all the airlines, which will use Daxing is to due to be completed by the winter of 2021. Air China and its Star Alliance partners will remain mostly at Capital airport.

The airport, roughly the size of 100 football fields and expected to become one of the world’s busiest, has come in for some criticism due to its distance from central Beijing.

By public transport it takes over an hour to reach it from Beijing’s central business district, more than double the time needed to reach Capital airport, which strains at the seams and is often hit by delays.

Officials say Daxing airport is not only designed to serve Beijing, but also the surrounding province of Hebei and next-door city of Tianjin, to boost regional development.


UAE, Uzbekistan expand economic cooperation with mining sector pact 

Updated 8 sec ago
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UAE, Uzbekistan expand economic cooperation with mining sector pact 

JEDDAH: The UAE has signed an agreement to expand cooperation in Uzbekistan’s mining sector, as the two countries seek to scale investment, modernize infrastructure and deepen economic ties. 

The memorandum of understanding was signed by Mohamed Hassan Al-Suwaidi, UAE minister of investment, and Jamshid Khodjaev, Uzbekistan’s deputy prime minister, according to the Emirates News Agency, also known as WAM.

The agreement comes amid growing bilateral investment flows. UAE investments in Uzbekistan reached $1.3 billion in 2024, including about $700 million in renewable energy, with more than $4 billion in joint projects currently under development, WAM reported. 

Commenting on the MoU, Al-Suwaidi said that his country and Uzbekistan share a longstanding relationship built on mutual trust and strong economic cooperation. 

“Today’s signing reflects the UAE’s commitment to forging strategic international partnerships in sectors of mutual interest that support sustainable development and long-term economic value creation,” he said.

By working closely with Uzbekistan, he added, the UAE aims to unlock high-quality investment opportunities across the minerals value chain for the benefit of both nations.

The agreement focuses on the development and modernization of key supporting infrastructure, including power generation, renewable energy, grid enhancements, water systems, and logistics networks.

It also aims to advance sector digitalization, innovation, and responsible governance to reinforce long-term resilience and sustainability. 

Under the MoU, cooperation will span investment activities across the full mining value chain, from exploration and development through to downstream manufacturing. 

Khodjaev emphasized that the MoU marks an important step in strengthening cooperation between Uzbekistan and the Gulf state in the minerals sector. 

“Through collaboration on investment facilitation, governance, workforce development, and monitoring frameworks, we aim to support responsible mineral development and create sustainable industrial growth opportunities for both economies,” he said. 

According to WAM, the agreement establishes a collaboration framework involving government and regulatory authorities, state-owned investment companies and private sector partners, enabling the structuring of financing mechanisms such as foreign direct investment and public-private partnerships. 

Uzbekistan’s mining sector is a key economic driver, producing commodities such as gold, copper, uranium, coal, oil, and natural gas, according to the International Trade Administration of the US Department of Commerce. 

The sector is undergoing modernization as the government expands upstream-to-downstream capacity, attracts foreign investment, and upgrades infrastructure through state-owned enterprises while tapping international capital markets.