FEDEX has signed a letter of intent to lease warehousing space at Bahrain International Airport's (BIA) new 25,000-square-metre cargo area that comprises warehouses, aircraft parking and associated infrastructure aimed at handling traffic, particularly for the e-commerce sector
FEDEX has signed a letter of intent to lease warehousing space at Bahrain International Airport's (BIA) new 25,000-square-metre cargo area that comprises warehouses, aircraft parking and associated infrastructure aimed at handling traffic, particularly for the e-commerce sector. FedEx has taken a total of 9,000 sqm of which 5,000 sqm will be devoted to warehousing and the remainder will be used as a manoeuvring area, reported London's Air Cargo News.
Transport Minister and Bahrain Airport Company (BAC) chairman Kamal bin Ahmed Mohammed said: 'BAC has a comprehensive plan to attract prominent cargo companies to the Kingdom, which will strengthen Bahrain's strategic position as a leading provider of efficient logistics services in the region.'
Speaking at the signing ceremony with FedEx, the minister added: 'We are currently negotiating with two other companies wishing to operate warehouses at the new cargo area, which further demonstrates the Kingdom's strong reputation as a regional hub for logistical services in the Gulf Cooperation Council (GCC) and wider Middle East.'
He added: 'The new air cargo area that BAC is constructed north of the runway is an important part of the overall growth strategy adopted by the Ministry of Transportation and Telecommunications and a key component in the Airport Modernisation Programme (AMP), which is due to be completed by the third quarter of 2019.
FedEx Express Middle East, Indian Subcontinent and Africa (MEISA) president James Muhs highlighted: 'The GCC is an important region for FedEx Express, where enhanced collaboration between public and private sectors is fuelling growth across industries.'
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