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Jun 18, 2026 at 8:23 AMHong Kong Air Cargo Terminals Limited (Hactl) has signed a new 15-year contract for handling at Hong Kong International Airport (HKIA). This agreement, which will take effect in July 2028, follows the end of the current franchise and will run until 2043. Hactl, as the largest independent air cargo terminal operator in Hong Kong, will continue to strengthen the city’s position as a leading international aviation hub.
CEO Frosti Lau emphasized the significance of the new contract for the company and the air cargo industry in Hong Kong. “The signing of this agreement is an important step that underscores our commitment to Hong Kong and our global perspective,” Lau stated. He added that Hactl plans to invest at least HKD 1 billion (USD 127.6 million) in modernizing infrastructure, deploying new technologies, and integrating ESG principles into all operational processes. This aims to provide top-notch services while promoting sustainable development.
Investments in the future of air cargo
Lau expressed optimism about the future of the air cargo industry, particularly regarding the completion of the third runway and Terminal 2, as well as other facilities under the Three-Runway System. “With strong support from the government, we are confident that we can leverage innovation and sustainability to strengthen Hong Kong’s position as an international aviation hub under the National 15th Five-Year Plan,” Lau said. He emphasized that air cargo is a vital component of Hong Kong’s economic development.
Founded in 1976, Hactl operates the highly automated SuperTerminal 1 with an annual capacity of 3.5 million tons. The company has continuously invested in innovations, significantly contributing to the development of Hong Kong International Airport as the world’s busiest air cargo hub. Hactl meets all relevant industry standards and provides comprehensive services for over 100 airlines and 1,000 freight forwarders.








