HACTL Development Holdings Ltd has entered into a memorandum of understanding with Chu Kong Shipping Enterprises, a Hong Kong company.

The objective of the MoU is to explore the joint development of logistics links and infrastructure in and around Hong Kong International Airport and the Pearl River Delta (PRD) region, supporting the air cargo sector. The cooperation aims to leverage CKS’ comprehensive logistics network, and Hactl’s expertise in operating a world class air cargo terminal.

“This new agreement will see us diversify and develop our group’s logistics activities, while helping to underpin the status of Hong Kong International Airport as the world’s largest air cargo hub,” said Xiong Gebing, chairman of CKS.

CKS’ operations include the management of the largest high-speed passenger ferry fleet in Hong Kong. It is also one of the largest inland terminal and logistics operators in the PRD region, with bases covering 20 cities, including Zhaoqing, Qingyuan, Foshan, Guangzhou, and Jiangmen. It also manages and operates several bulk cargo berths in the Hong Kong Public Cargo Working Areas, and owns a private wharf in Tuen Mun together with more than twenty cargo terminals in the PRD region, through its subsidiaries.

CKS and Hactl have a long history of cooperation; they were formerly partners in Hong Kong’s Marine Cargo Terminal.

Following the signing of the MoU, CKS and Hactl will form a working group whose first task will be to conduct a feasibility study focusing on opportunities within Hactl’s existing air cargo business in HKIA, and CKS’ logistics business in Hong Kong and the PRD region.