Ambitious air park taking off in Hubei

Aviation Industry Corp of China is poised for a boom in general aviation. In fact, it has been tapped to build China's first general aviation complex.

The AVIC Airpark will cost about 10 billion yuan ($1.62 billion) and is set to be completed by 2019 in Jingmen of Hubei province, according to a statement from the Beijing-based aviation conglomerate.

Work on the 2,800-hectare complex will start this year, the company said, adding that a 1,800-meter runway will be constructed, and an existing one will be extended to 800 m.