BAA Ltd, Tianjin Airport Development Zone Ink Development Accord

China’s BAA Ltd has signed an investment agreement with the Tianjin Airport Development Zone, covering a 67,000-sq.-meter plot (721,182-sq.-ft.) of land within the airport’s bonded, free-trade zone. BAA plans to invest US$53.3 million in the site to build 1,100 meters (3,609 ft.) of taxiway...

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