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NEWS Last modified on March 28, 2017

Copenhagen unveils ambitious plans for new airport business park

Copenhagen Airport is inviting Danish and international companies to create a new airport business park that could act as the catalyst for the gateway to handle up to one million tonnes of cargo annually.

According to the airport, the proposed new development will mean "more jobs, more exports and even better opportunities to do business with the wider world".

If it becomes reality, the new business park will cover an area the size of 25 football pitches.

"Denmark should aim to be the Northern European centre for cargo and e-commerce, and a hub for the pharmaceutical and biotech industries in Northern Europe," says Peter Krogsgaard, Copenhagen Airport's chief commercial officer.

"So we need to create an Airport Business Park that can also attract companies with a particular need for a central location at a large international airport – companies that we would not otherwise attract to Denmark."
The gateway believes that the new facility would effectively allow Denmark to join the battle to be the Northern European hub for major global e-commerce companies such as Amazon and Alibaba.

Located next to the existing cargo area, the ambition is for the 170,000sqm new airport buisness park to double the airport's cargo capacity from 500,000 to 1,000,000 tonnes annually.

Air cargo is important for Denmark's economy and exports. Measured by value, 32% of Danish exports currently leave the country by air, including in particular high-value goods such as mink fur, pharmaceutical products and spare parts for machinery and engines.

"With a business park at the airport, we could also strengthen export opportunities for the many Danish companies that rely on overseas exports. And at the same time we could attract global companies that would otherwise locate in and around other large European airports," says Krogsgaard.

Claus Lønborg, CEO of Copenhagen Capacity, believes an airport business park would enable Denmark to attract large global e-commerce companies.

"We're finding that logistics in the Greater Copenhagen area has attracted growing interest from international investors looking for a central location for their gateway to the Nordic region and Europe," he says.
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"The central location that an airport can offer is highly attractive for global e-commerce and other companies that want an optimal infrastructure for their expansion.

"They could have that opportunity with an airport business park at Copenhagen Airport. Furthermore, Denmark's competitive framework conditions, such as a flexible labour market and a well-developed physical and digital infrastructure, are crucial factors when companies are choosing locality."

Krogsgaard concludes: "Currently, belly cargo accounts for a large share of earnings on long-haul international routes - often more than 10% of earnings.

"If we can show the airlines that it's possible to fill aircraft flying to Mumbai or Cape Town with belly cargo, it will be even more attractive for them to fly to Copenhagen rather than to one of our competitor airports in Europe."

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