Servicios Aeroportuarios Andino Global S.A. (SAASA Global), an international company headquartered in Madrid, Spain, with Peruvian shareholders and managers, has completed the definitive steps to start the construction of a terminal for air cargo activities at the Adolfo Suárez Madrid-Barajas Airport, the most paramount international airport in Spain.
This terminal will be in ramp 4 of the airport and tendered for handling, storage, transport and distribution of goods and air cargo activities.
The project contemplates a total investment of 20.5 million euros, of which 70% is financed while the remaining 30% (6.5 million euro) will be assumed by SAASA Global with its own resources.
Carlos Vargas, CEO of Andino Global, said: “Spain represents a great opportunity for us, due to its own national market but also as an entering gate to begin our presence in Europe and will allow us to apply our experience in the airport sector to a market in constant growth. We are committed to Spain as a key destination for our expansion”.
Andino Group is an international cargo and logistics enterprise with activities in several markets such as Peru, Spain and Mexico.
This milestone has been possible after the formalization of the construction and financing contracts of the project through SAASA Global.
Thus, the subsidiary of Andino Global has formalized the contract for the construction of the 6,100 m2 cargo terminal on the 14,000 m2 site with the company Napisa for an amount of 8.4 million euros and with a completion period of 11 months.
The contract covers the development of the warehouse and offices, as well as the maneuvering areas and perimeter fencing.
It has also signed the equipment contract with SACO Airport Equipment, valued at some 2.8 million euros, which includes the manufacture, installation and commissioning of the equipment in the same period of time.
This modern facility will have a transfer capacity of more than 80 million kilos per year, as well as 1,200 m2 of climate-controlled facilities to maintain the cold chain for perishable cargo.
In addition, it will have a Border Inspection Center that will allow the inspection of cargo entering the European Union as the first point of entry.
