The contract will enable WFS to carry out cargo handling operations at Kempegowda International Airport in Bengaluru (BLR Airport).
From next May, WFS will engage in the development, operation, management and maintenance of one of the airport’s cargo terminals for international cargo imports and exports.
The company will also run the cold chain facility at the airport, as well as invest in its expansion.
BIAL chief strategy and development officer Satyaki Raghunath said: “With this partnership, BLR Airport will be able to offer more modern and efficient facilities to our customers.”
The airport cargo terminal that will be operated by WFS can annually handle 210,000 metric tonnes (mt) of cargo. The company will use it for managing international cargo from May 2023.
Design, build, finance, process reengineering and development expertise will be used by WFS to renovate the facility and grow its throughput capacity for cargo volumes to more than 250,000mt annually.
WFS and BIAL will also commence a two-phase expansion of the cold chain facility, initially doubling its yearly capacity to 80,000mt. After the second phase of expansion, the facility’s capacity will be expanded to more than 150,000mt a year.
WFS CEO Craig Smyth said: “WFS has been waiting a long time to establish its own presence in India. We are honoured to have earned this opportunity to work with the very accomplished and ambitious team at BIAL to realise the outstanding potential of BLR Airport.”