The Budapest Exclusive Overseas Terminal, operated by the China-Europe Trade and Logistics Cooperation Park, has 11,000 square meters of warehouse space and will handle 40,000 tons of goods per year. This represents around 20 percent of the air cargo handled by Budapest Airport last year, Hungary Today
reported.
The facilities, called overseas cargo terminals by the Chinese, support ground logistics processes related to air cargo, providing warehousing, customs clearance services, and transit of import and export goods.
With the opening of the new facility in Budapest, Shenzhen Airport aims to help companies operating in its catchment area to enter the market of the Central and Eastern European region by providing secure, efficient, and low-cost logistics services.
On November 15, Shenzhen Airport established a similar overseas cargo terminal in Frankfurt, operated by Lufthansa’s freight forwarding company Schmidt, in partnership with Lufthansa Cargo, with an area of around 2,000 square meters and an annual cargo throughput capacity of around 26,000 tons.
Previously, Henan Airport Group, the operator of Zhengzhou (CGO) Airport, opened an overseas cargo terminal at the Liszt Ferenc International Airport in cooperation with CECZ/Utlink, a Chinese-Hungarian business and logistics development company.
