The Central Government has approved a co-operation agreement to jointly manage Zhuhai Airport. The joint venture, known as the Zhuhai-Hong Kong Airport Management Company, will pay a franchise fee for the exclusive right to manage and operate the airport for 20 years.

It has a registered capital of RMB360 million. The Airport Authority holds a 55% stake, which it acquired for RMB198 million through its wholly owned subsidiary HKIA (China). The State-owned Assets Supervision & Administration Commission of the Zhuhai Municipal People's Government controls the remaining 45%, which it acquired by injecting RMB162 million through its wholly owned company Zhuhai Headway Transportation Investment.

The parent companies will discuss the timing and details of the airport's share acquisition. The joint venture's management team will be based on the existing management team and, working closely with existing staff, will expand Zhuhai Airport's domestic network, strengthen and diversify its air services, improve the airport's accessibility, and maximise synergy with Hong Kong International Airport.