Frankfurt Airport (FRA) owner and operator Fraport has received the building permit for a new terminal, which will be constructed on the southern side of the airport.
This is an integral part of Fraport's airport expansion programme, which has been approved in the official zoning procedure.
Construction of the new Terminal 3 (T3) will be carried out in phases and has been designed as a modular construction concept.
A total of 14m passengers will be served every year after the first phase of the expansion is completed, which would include the central terminal building and two piers.
Fraport predicts that the airport will soon need additional capacity, which will be possible after the completion of the first phase of the construction. The company hopes to complete the project by 2021.
In the first construction phase, T3 will feature a total of 24 terminal docking positions at the two piers. After completion, it will provide 50 aircraft docking positions.
The airport will focus on meeting efficient energy standards. The building's technical systems will completely eliminate the need for external heating.
According to the long-term traffic forecast by the German Ministry of Transport and Digital Infrastructure, passenger figures are expected to grow by an annual average of 2.5% by 2030.
Fraport claims that Frankfurt Airport has already exceeded this value, posting average passenger growth of 3% in recent years. It is expected that passenger figures will continue to rise, with growth reaching 2%-3% by the end of this year.
Fraport executive board chairman Stefan Schulte said: "We will now examine this estimate further, using detailed forecasts.
"On this basis, we will be able to assess requirements for future terminal capacity. The deciding factor is that we will continue to be able to provide our passengers with the necessary capacity and a wide range of flight connections with the best possible services and processes."
FRA's baggage conveyor and Sky Line people-mover systems will connect T3 to the other two terminals.