Frankurt Airport operator, Fraport, claims that freight and logistics companies are showing “enormous interest” in its plan to expand CargoCity South.
According to Herbert Mai, the executive board member responsible for real estate, over 20 companies have enquired about moving into the facility, which is to be expanded by 27 hectares in the years ahead.
“Airfreight traffic is booming once again. The market needs new individual and customised development sites and we wish to meet this demand,” enthuses Mai, who claims that the encouraging response demonstrates that Fraport is on the right track with its expansion plans.
“We have already received inquiries from about two dozen companies, mostly businesses that have resided at the airport for many years, as well as from new customers.”
Project planning for approximately 30,000 square metres of hall space – about one third of the new development area – will be implemented in the first phase of the development, which is expected to come on stream between 2013 and 2014.
The total expansion project is equivalent to the size to 35 football pitches and will be equipped to accommodate logistics buildings boasting more than 100,000 square metres of hall space, new offices and car parking.