CHINA/DENMARK. Danish airport operator Copenhagen Airports is prepared to invest around US$2 billion to US$3 billion in China in the coming years, its Chief Executive Niels Boserup told Reuters today (Thursday).
Asked how much the company would be prepared to invest in China over the next five years, Boserup told Reuters: “If the possibilities were there, it would be possible for us to invest, let’s say, US$2 to US$3 billion or something like that.”
Boserup said the firm was looking actively for opportunities in China, but that it was up to the Chinese authorities to open airports up to privatisation. Beijing began a policy of liberalisation two years ago.
In 2002 Copenhagen Airports took a 20% stake in Hainan Meilan Airport Co Ltd, which operates the main airport on the southern Chinese resort island of Hainan, China’s eighth busiest.
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