YIAPL looking for world-class warehousing and logistics facility partner for Noida Airport

Noida, India (Urban Transport News): The Yamuna International Airport Pvt. Ltd. (YIAPL), a subsidiary of airport concessionaire Flughafen Zürich (Zurich Airport), is looking for a suitable partner to create world-class warehousing and logistics facilities for the upcoming International Airport at Jewar, near Greater Noida.

“We’re looking for a partner or a group of partners with whom to develop the air cargo and logistics environment to provide cargo terminals, cargo handling as well as space for warehousing for distribution,” said Christoph Schnellmann, Chief Executive Officer, YIAPL.

In February this year, YIAPL launched a global tender for designing, financing, building and transferring of integrated cargo terminal and integrated warehousing and logistics zone at Jewar through a Request for Proposal (RFP). However, details about bidders or the number of bids received have not been disclosed at this stage.

“We’re extremely excited about the potential for air cargo and logistics given the accessibility to the airport and the strong industrial economic growth expected in the region. As part of our approach, we have a strong user focus to understand what the market needs and then find the right partners with whom we can deliver on them,” said Schnellmann.

YIAPL has already held meetings with several industry players in the industry – from airlines to freight forwarders to developers to manufacturers – to understand their expectations of a world-class warehousing and logistics hub at Noida International Airport.

“The Noida International Airport, which is proposed to be a multi-modal logistics hub and transport hub, is likely to completely transform the supply chain landscape in the region over the next 5-6 years,” said Bhupindra Singh, Managing Director, North India, at the Advisory Colliers.

“The development will not only cater to the intrinsic warehousing demand of the national capital region but also acts as a key storage and warehousing hub for the neighbouring states of Punjab, Uttar Pradesh, Haryana, Rajasthan and other distant regions in the North,” he added.

In a recent financial bids opening, Tata Projects Ltd emerged as the lowest bidder for the construction of Phase 1 of Noida International Airport.