Hong Kong Airport Expands Gold Depository to Fuel Global Trading Hub Ambitions

The Airport Authority Hong Kong (AAHK) is expanding its HKIA Precious Metals Depository at Hong Kong International Airport (HKIA) to meet growing demand and solidify the city’s position as a global gold trading hub. This expansion, aligned with the government’s vision, will increase storage capacity significantly, attracting investors and bolstering Hong Kong’s economic competitiveness.

New Appointments to Airport Authority Hong Kong (AAHK) Board

The Airport Authority Hong Kong (AAHK) has announced the appointment of a Chairman and three new members, as well as the reappointment of two existing members to its Board. These appointments will take effect on June 1, 2024, for a term of three years.

Mr. Fred Lam, who has served as AAHK’s Chief Executive Officer since 2014, will assume the role of Chairman succeeding Mr. Jack So. Joining the Board as newly appointed members are Dr. Dorothy Chan Yuen Tak-fai, Mrs. Ann Kung Yeung Yun-chi, and Mr. Perry Yiu Pak-leung. Additionally, Ms. Sabrina Chao Sih-ming and Mr. Edwin Tong Ka-hung have been reappointed to continue their service on the Board.

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