Construction starts on Budapest Airport's European Gateway for air cargo
Construction of Budapest Airport’s (BUD) new dedicated freight centre, Cargo City, part of the EUR160 million BUD:2020 Development Programme at the Hungarian hub, has begun. The EUR32.6 million investment into a new 20,000 sq m cargo handling facility and new dedicated B747-8F freighter stands, will centralise cargo operations and expand the airport’s handling capacity to handle increasing air cargo volumes at BUD in the years to come.
After unprecedented cargo volume development of 39 per cent over two years, BUD processed a record 127,145 tonnes of cargo in 2017, and has seen a further 15.5 per cent increase in tonnage between January and August 2018 compared to the same period in 2017.
As part of the BUD:2020 Development Programme, Budapest Airport opened two state-of-the-art express facilities in 2017 with a total area of 16,000 sq m in order to supply increasing volumes from the express and e-commerce business.
- Boring Company to build futuristic transit system at Chicago O'Hare International Airport
- Skanska’s UVA hospital expansion project, Virginia
- Atlantic Gateway Project worth $165 million to provide relief for commuters in Virginia
- Read the latest issue of Construction Global here
“This is an exciting milestone for the Hungarian cargo community. Following on from our infrastructure developments for the integrator market, our aim is to provide the ideal environment for air cargo with our Cargo City project,” said René Droese, Executive Director Property and Cargo at Budapest Airport.
“With the start of AirBridgeCargo and Silk Way West Airlines services in 2018, we now have five freighter operators at BUD.
“Volumes from our existing full-freighter partners, such as Cargolux, Turkish Cargo, and Qatar Airways Cargo, are also increasing.
“The cargo connectivity of BUD is also continuously expanding via the new belly cargo services of LOT, American Airlines, and Qatar Airways, as well as Emirates, Air China, and Air Canada Rouge.”
President of the Hungarian Investment Promotion Agency (HIPA) Róbert Ésik added, “Hungary is the world’s seventh most popular investment destination, according to IBM’s Global Location Trends 2017 Annual Report.
“The Cargo City development at BUD supports and warmly welcomes the new investments in Hungary.”
Jost Lammers, CEO of Budapest Airport said, “Air cargo is of strategic importance to BUD, and Cargo City will ensure that we continue to provide our growing customer base with efficient, modern facilities, so that they can thrive in our booming catchment area.”
Budapest this summer welcomed Kuehne + Nagel to its cargo community and saw four new North American routes launched, connecting New York, Chicago, and Philadelphia in the USA, and Toronto, Canada to Budapest.
- East Penn powers an industrial closed loop circular-economyTechnology & AI
- Top 10 sustainable construction startupsConstruction Projects
- The state of waste management in the construction industryConstruction Projects
- Volvo CE & LS Electric: Solar panels in South KoreaConstruction Projects