China Aviation Investment Group Limited "World Aviation City" Debut on Business Aviation Convention & Exhibition (NBAA2014)
Almasalla,GAT News- ORLANDO, Fla., – On October 21st (local time), the closely watched Ordos "World Aviation City" project had its press conference in Orlando, Florida, the United States. The project is invested in by the China Aviation Investment Group Limited in Ordos, China. By integrating high-end tourism and the manufacturing and service industries, the project aims to innovate with an unprecedented aviation exhibition model, build comprehensive and diversified concept beyond imagination, and provide customers with world’s leading aviation services. As a member company of NBAA, the China Aviation Investment Group Limited made its debut through the opportunity, which indicated the official launch of its international aviation strategy.
"World Aviation City" is the first in the world to propose the idea of a comprehensive and diversified aviation exhibition. It will become an aviation industry base with the world’s largest scale, most complete business types and most concentrated facilities. It initiates all-year-round professional aviation exhibition which "combines activity and tranquility", and builds itself into an everlasting "aviation exhibition". Moreover, it sets a precedent by combining the aviation industry with fashion business, endowment and health, and tourism and entertainment.
The project plans to take aviation exhibition, sales exhibition of aircraft and spare parts, corporate aircraft FBO hub service, bonded warehousing of aircraft spare parts and aviation training as the core, and develop an integrated and comprehensive "aviation demonstration park" incorporating air passenger and freight transportation, general aviation, manufacturing and maintenance, aviation logistics, aviation finance, tourism, property, internet, film and entertainment. It has nine sub-regions, including general aviation base, international aviation exhibition center, aviation education base, aviation production base, aviation trade market, aviation museum, fashion village with international features, aviation business service cluster, and ecological community.
Total planned area of "World Aviation City" is 8 square kilometers, with investment totaling 50 billion RMB. After establishment, it will be able to receive 10 million tourists, and hundreds of thousands of new business visitors. The annual business turnover is expected to reach 50 billion RMB, with annual taxation profit reaching 5 billion RMB. On October 16th, China Aviation Investment Group Limited signed an official agreement with Ordos People’s Government, setting direction for the signed projects and future strategic cooperation. At present, some projects are already under construction.
The location of the project- Ordos, is located in the core region of Hohhot-Baotou-Ordos economic zone in Inner Mongolia Autonomous Region. It is an integral part of "one core, one zone, one belt" of the development of Ordos, with highway, railway and air traffic transportation advantages, and fast development in the energy and chemical, husbandry, equipment manufacturing, hi-tech, service and business industries. Meanwhile, China Aviation Investment Group Limited will further expand into the international market, select mature and strong enterprises to cooperation with and promote its operation model to countries such as the U.S., create an innovative lifestyle industrial chain with aviation tourism as the core for global consumers, and build an internationalized modern general aviation service park with prominent economic effect, extensive social effect and profound demonstration effect. Through this cooperation, the company also aims to promote the aviation industry in U.S. to broader markets such as the Asia Pacific region.
China Aviation Investment Group Limited is a comprehensive investment company, with business covering aviation industry park investment and development and general aviation operation and management. It has several listed companies with one of the shareholders being China Infrastructure Group Limited, which is a large comprehensive investment company. Its business covers ten sectors including urban infrastructure, urban development, financial services, the investment and management of property and commercial logistics, E-commerce, culture and media, aviation industry, tourism and health, and urban development, with projects in China’s major cities and other nations and regions such as Asia, Europe, Australia and America. It has over 80 wholly owned or holding subsidiaries. Relying on abundant capital, it has invested over 50 billion US dollars in China and abroad.
The operation and development of the project will become a key catalyst of America’s economic growth. It will effectively promote the rapid development of bilateral trade and cooperation, and provide more channels for exchange and cooperation in aviation, culture and investment, promote people’s life quality, enhance personnel, product and investment exchange, and connect the global economy. Moreover, China’s huge market potential, sound infrastructure, complete auxiliary industries and stable and fair market environment can match with the unique geographical advantage, good investment environment of the U.S., and create good opportunity and bright prospect for the economic and trade cooperation between the two countries. China Aviation Investment Group Limited will seek global partners to provide customers and partners with more open and smooth exchange platform and together with our partners, to create the rapid development of aviation industry and aviation economy.
Business Aviation Convention & Exhibition (NBAA) is reputed as the most important exhibition in global business aviation industry, it is also the largest business aviation exhibition. Thousands of trade associations, OEM manufacturers, corporate aircraft operators, financial leasing companies and agents have exhibited there. It also attracts business leaders, government officials, manufacturers, flight staff and almost people from every sector of the business aviation industry.
