A recent report has revealed that Africa largest cargo operator, Ethiopian Airlines, has awarded the contract to build a new cargo terminal with a capacity to handle more than 1.2 million tonnes per annum to Germany's ICM Airport Technics.
The warehouse is billed to become one of the largest in the world when completed. It will be able to contain both dry and perishable goods that need cold storage.
Citing anonymous source, Ethiopian’s Addis Fortune, said both companies are negotiating over finances before signing the contract. About 10 companies were said to have participated in the bid but ICM was chosen after a review of the technical and financial proposals forwarded.
Addis Fortune reported that ICM, had previously constructed the Airlines’ cargo terminal along the ring road from Bole to St. Micheal church in 2005 on 14,000sqm space for 35 million dollars. Currently this terminal has a warehouse which can hold 350,000tonnes of cargo per annum and has a cold storage room with a space of 2000sqm that can go as low as minus 23 degrees Celsius.
The capacity of the new cargo is said to be identical to that of the Cargo Mega Terminal built in Dubai in 2008.
Over the years, (2006 to 2011), the amount of cargo being hauled by Ethiopian Airlines has increased from 42,000tonnes to 110,000tonnes.
The airline recently celebrated the arrival of its first Africa's first Boeing 777 Freighter this month.
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