The reference below to the economic zone project around the Zhengzhou Airport in China is from an article in Air Cargo World that describes an example of the Airport Investment District concept that has been described by Global Logistics Development Partners | GLDPartners.
In development for the past 12 years, the Zhengzhou Airport Economic Zone is a result of the work of the Henan Provincial Party Committee and Henan Provincial People’s Government. The ZAEZ is the first state-level airport-based development area in China and represents an important step forward for positioning airports as economic hubs.
There is something to be learned from this project. The ZAEZ is mainly focused on economic investment objectives, as opposed to the several “aerotropolis” initiatives around the world which tend to be more oriented around the broad planning objectives associated with creating multifaceted airport cities. For our projects, the economic zone concept has specific and high value, both for supporting direct airport growth, but also for elevating regional or national competitiveness in the marketplace and for systemic integrated economic development around tomorrow’s growth supply chains.
GLDPartners is working now and also has worked on a number of airport economic zone projects, in Asia, the US and in Europe. Through our customized competitiveness model, these projects are referred to as Airport Investment Districts. These projects are built around specific airport objectives and assets, and a highly detailed custom supply chain proposition that reflects that airport and that region’s/nation’s specific strengths and weaknesses. Built on a platform associated with strategic global supply chain connectivity these AIDs will function as the catalyst and fulcrum for supporting mutually reinforcing step-change airport and economic region growth.
The current projects that we’re working on in Asia and in North America reflect both national government and local/state-provincial government assets and initiatives. The core formula for these AIDs involves merging underlying regional competitiveness with existing airport and adjacent land and infrastructure assets, and again with airport route connectivity. Some of this work involves supporting airport management in developing new routes to strategic supply chain points – and by overlaying passenger business travel with cargo we come to a “market sweet spot” for growth.
From Air Cargo World, November 15, 2019
Zhengzhou Airport Crafts Aerotropolis Strategy with Economic Zone Development