A French professional aeronautic services company plans to establish its Asia headquarters in Hong Kong as part of a commitment to expanding its regional presence, paving the way for the city to host the continent’s first aircraft parts processing and trading centre.
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Confirming an earlier Post report, the Hong Kong government said on Friday that Elior Group, a company linked to the Derichebourg Group, had signed a memorandum of understanding (MOU) with the city’s Airport Authority to help expand its operations in Asia.
“Elior Group SA’s intention to expand its presence in Hong Kong highlights the city’s dynamic business environment and immense growth potential across sectors, including its growing aviation centre of excellence,” the government said.
Secretary for Transport and Logistics Mable Chan said Hong Kong was capable of assuming a more important role in the aviation field, proactively contributing to the high-quality development and high-level opening-up of the nation.
“I am pleased to see that Elior Group SA and the Airport Authority are exploring the possibility of introducing aircraft parts handling and trading services in Hong Kong, thereby enriching Hong Kong’s position as an international aviation hub and supporting the aviation development of our country as well as the Asian region as a whole,” she said.
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In his budget address last month, Financial Secretary Paul Chan Mo-po revealed plans to develop Hong Kong as the continent’s first aircraft parts processing and trading centre.
Without naming the company at the time, he said the MOU explored the possibility of Hong Kong providing professional services such as aircraft dismantling, parts recycling and related training.