Construction Begins on Cargo City Freight Center at Budapest Airport
The newly dedicated freight center planned for Budapest Airport (BUD) has begun construction, Cargo City is part of the 160 Million Euro development program BUD:2020.
The new 20,000m2 cargo handling facility along with new freighter aircraft stands dedicated to the Boeing B747-8F has cost 32.6 Million Euro and will centralize cargo operations and expand the airport’s handling capacity to manage the projected increase in air cargo volumes at BUD over the next few years.
In 2017, as a part of the BUD:2020 Development Program the airport opened two state-of-the-art express facilities with a total area of 16,000m2 to meet the increasing demand from the e-commerce and express business.
Executive Director Property and Cargo for Budapest Airport, René Droese said, “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.”
Mr. Droese further added, “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.”
Budapest Airport CEO, Jost Lammers 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.”
Róbert Ésik, President of the Hungarian Investment Promotion Agency (HIPA) 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.”