In the era of globalization, an airport is no longer just a place for aircraft landing. It should also serve as a logistics centre.

We want to attract the world's best logistics companies. We will also try to get foreign bank loans for this project.

We have launched the design of the bonded area and the first phase will be put into service in 2008.

It's not because we don't have enough capacity or we don't have enough international flights. It's because of the barrier created by taxes, customs duties and complicated clearance procedures.

The basic problem that we confront is given that the advantages [of globalization] are so much greater than the deficits, how do we take care of those who are on the wrong side of this process?

Globalization is a fact of life. But I believe we have underestimated its fragility.