
Air Algérie and SGSIA, the manager of Algiers airport, have signed a partnership agreement to construct a new logistics platform, named "Cargo Algérie," at the international airport. This project aims to transform the southeastern zone of the airport into a regional hub capable of handling 65,000 tons of freight annually. The signing ceremony was attended by Hamza Benhamouda, CEO of Air Algérie, and Mokhtar Saïd Mediouni, CEO of SGSIA, along with other key figures including the head of Sonatrach, the Director General of Customs, the head of the Algerian Investment Promotion Agency, and the president of the National Union of Public Entrepreneurs. The project, which is self-financed, involves a 30-year operating contract extending until 2056. The existing Terminal 3, spanning 10,530 square meters, will undergo a complete rehabilitation over 12 months to become the operational core, equipped with a commercial agency, administrative offices, import/export processing zones, cold rooms for sensitive products, rapid sorting areas, customs controls, and loading/delivery docks. Following this, a 5,000 square meter extension will be built over 24 months, adding 15,000 cubic meters of storage. A three-story administrative building will also be completed within one year. Air freight in Algeria has shown significant growth, with a 26.5% increase in 2023 and a 31% increase in 2024, and projections indicate volumes will rise from approximately 19,000 tons in 2023 to over 65,000 tons by 2029
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This summary was AI-generated from a story originally published by Algérie360.