The Asian Infrastructure Investment Bank (AIIB) has approved USD400 million in sovereign-backed financing to support the development of the Hubei Global Air Cargo Logistics Project.
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The initiative aims to establish a state-of-the-art bonded logistics park adjacent to the Hubei Ezhou Huahu International Airport, Asia’s first dedicated freight airport.
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This facility will include advanced infrastructure for customs operations, bonded warehousing, international cargo stations and trade services, complemented by state-of-the-art technology to streamline logistics operations. Leveraging the air freight capacity of the operational Huahu Airport, the project aims to position Ezhou as a global air freight hub and a key gateway for opening up Hubei and central China. By 2030, the park is expected to attract over 600,000 tons of international air freight, supporting sustainable economic development and cross-border trade.
“AIIB has brought significant value to the project by introducing leading practices in green and smart logistics operations,” said Konstantin Limitovskiy, AIIB Vice President for Investment Clients Region 2 and Project and Corporate Finance, Global. “By prioritizing sustainable design and operational efficiency, the Hubei Global Air Cargo Logistics Project is set to become a benchmark for green infrastructure in the region. With globally recognized green building certifications for all warehouses, this project exemplifies how innovation and sustainability can drive economic and environmental value.”
The project aligns with AIIB’s mission of Financing Infrastructure for Tomorrow and is designed to meet the Bank’s high environmental and social standards. Comprehensive Environmental and Social measures include the preparation of an Environmental and Social Impact Assessment, a Resettlement Plan and a Stakeholder Engagement Plan. These measures ensure that project implementation adheres to AIIB standards by safeguarding the environment and supporting the well-being of local communities, with specific provisions to enhance gender inclusion and create opportunities for local development.
As part of its sustainability focus, the project will integrate smart and green logistics practices, with a roadmap to achieve globally recognized green building certifications for the park’s warehouses. Collaboration with industry leaders like GLP has provided the client with practical frameworks for climate-resilient and low-carbon logistics operations.
“This project marks a significant step toward establishing Ezhou as an international air logistics hub, enhancing cross-border connectivity and trade for the Wuhan Metropolitan Area and beyond,” said Xuezhi Wei, Assistant General Manager of the Ezhou Linkong Group Co., Ltd. “By optimizing the logistics network of the Yangtze River Economic Belt, we aim to attract global aviation and logistics enterprises, foster regional integration, and drive collaborative innovation. With AIIB’s support in comprehensive planning, green and low-carbon design, and climate resilience measures, we are setting a benchmark for sustainable logistics development and positioning Ezhou as a gateway for international trade development in Hubei Province.”
The Hubei Global Air Cargo Logistics Project reflects AIIB’s strategic priorities, including Green Infrastructure, Connectivity and Regional Cooperation and Technology-enabled Infrastructure further strengthening its commitment to environmentally sustainable and socially inclusive development.
About AIIB
The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is Financing Infrastructure for Tomorrow in Asia and beyond—infrastructure with sustainability at its core. We began operations in Beijing in 2016 and have since grown to 98 full and 110 approved members worldwide. We are capitalized at USD100 billion and AAA-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients’ needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.
About Ezhou Linkong Group
Ezhou Linkong Group Co., Ltd. (ELG) was established on April 9, 2020, as a municipality-backed state-owned enterprise. Entrusted by the Ezhou municipal government, the Management Committee of Ezhou Linkong Economic District manages ELG. The company is the market-oriented entity for investment promotion, business attraction, financing, development, construction, and operation of the Linkong Economic Zone.
