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China approves new airport worth $4.7 billion in Hubei province

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Reuters BEIJING
Last Updated : Jan 16 2019 | 10:06 AM IST

BEIJING (Reuters) - China's state planner approved on Wednesday a new airport worth 32.06 billion yuan ($4.7 billion) in central China's Hubei province.

The airport, where the Chinese cargo airline SF Airlines will have a base, is expected to accommodate 1.5 million passengers by 2030, the National Development and Reform Commission said.

($1 = 6.7779 Chinese yuan)

(Reporting by Stella Qiu; Editing by Jacqueline Wong)

Disclaimer: No Business Standard Journalist was involved in creation of this content

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First Published: Jan 16 2019 | 9:50 AM IST

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