Chinese logistics base to be constructed at Budapest Airport, CECZ signs agreement with the airport

Budapest Airport and the Chinese-Hungarian business and logistics development company CECZ/Utlink signed a cooperation agreement, aimed at establishing the aerial Silk Road between Hungary and China and creating dedicated logistics centers at the two airports, to handle freight traffic. The newly signed cooperation agreement is expected to bring important economic opportunities and foster a significant expansion of air freight between Hungary and China, by connecting Budapest Airport (BUD) and Zhengzhou Airport (CGO), while also providing significant logistics advantages for Hungary, the ECE countries and China. Within the framework of the agreement, the partners – BUD, CGO and the logistics development company CECZ/Utlink Central European Trading and Logistic Cooperation Zone – jointly establish what the press release calls the “aerial Slik Road” between the two countries.
László Mosóczi, Minister of State for Transport Policy said, “According to the government’s plans, Hungary could become the cargo, logistics and distribution hub for Central Europe. This strategic objective can be achieved if the largest possible proportion of the goods transported between Europe and the Far East reach their destination via Hungary. In harmony with the policy of opening to the east, we are therefore continuing to work to connect continents and regions with modern and safe logistics solutions. We are also looking for ways to deepen and expand cooperation with our Chinese partners, in line with our joint goals.”