The Nigerian Aviation Handling Company plans to build a new cargo shed at the Murtala Muhammed International Airport in Lagos, Nigeria, to replace the existing one.
The N1.19bn ($7.9m) project, conceived in 2006, will enhance cargo facilitation and sustain the profitability of the cargo handling business, according to the Daily Independent.
It will involve semi-automation with enhanced storage capacities and operational efficiencies to increase the annual cargo throughput to 200,000t and 60,000t of imports and exports respectively.
On completion, the facility is expected to increase cargo volume and revenue by 15% annually for the first two years and 10% annually from the third year from the current levels.
Lagos-based Messrs Interaf Construction Limited and German company ALS Logistic Solutions have been appointed as contractors for the project, which will be complete within seven months.