GBIAC(SH:600004) Nan Fang Du Shi Bao·2025-10-30 08:09Core Points - The Guangzhou Baiyun International Airport T3 terminal has officially commenced operations, marking a significant milestone in the development of civil aviation in Guangdong province [1][2][4] - The T3 terminal is part of the largest expansion project in China's civil aviation history, aimed at enhancing the airport's capacity and supporting the development of the Guangdong-Hong Kong-Macao Greater Bay Area [3][6] Summary by Sections Project Overview - The T3 terminal includes a main building, east, west, and north concourses, and boarding bridges, designed to reflect local cultural elements [6] - The terminal, along with the fifth runway, positions Baiyun Airport as the first in China to operate five commercial runways, with an expected annual passenger capacity of 120 million and cargo capacity of 3.8 million tons [6] Government and Leadership Remarks - Provincial leaders emphasized the importance of the T3 terminal in connecting domestic and international routes and enhancing Guangdong's role in national development [2][4] - The focus is on ensuring safety, operational efficiency, and enhancing passenger experience through modern management practices and technology [2][4][3] Economic Impact - The expansion is expected to boost the local economy by attracting various industries, including aviation logistics, aircraft maintenance, and cross-border e-commerce [2][3] - The project aligns with the broader goals of the "14th Five-Year Plan" and the upcoming "15th Five-Year Plan" for high-quality development in Guangdong [3][4]