The Boryspil airport wants to demolish its old cargo terminal this year and build a new one, the CFTS portal reports, citing the Delo publication.

The management of the Boryspil airport intends to close its existing cargo terminal in 2019. “The task for 2019 is to close the existing cargo terminal, demolish it, and build a new one,” the airport’s General Director Pavlo Riabikin said.

Riabikin did not disclose the exact amount of investment needed to implement such a project. “I will be able to state the amount of investments when I have an expert assessment in my hands. It should be available very soon. It will be about UAH 350-400 million,” Riabikin said.

It was reported last year that the management of the Boryspil airport was planning to begin construction of a new cargo terminal in 2019, even in the absence of an investor.

As the CFTS portal reported earlier, the Boryspil airport temporarily restricted acceptance of imported cargoes in the period of December-January. The area and capacity of the Boryspil airport are insufficient to handle the volume of cargo that arrives at the airport. "The cargo terminal is not working sufficiently well to accommodate the flow of cargoes, which is currently about 300 tons per day," the airport’s Deputy General Director Yevhen Dykhne wrote in December.

According to him, the existing cargo terminal has nine warehouses, which were built in 1968, when the airport handled 20-40 tons of cargo per day, and its maximum capacity is 100 tons per day.

According to him, the airport cannot expand the cargo terminal because it is surrounded on all sides by land belonging to other businesses.

“Therefore, the airport has long been proposing construction of a new terminal, but this will require the airport to invest large amounts of funds in a facility that is not part of its core business. According to him, other market participants operate this type of business at major airports all over the world. The main problem now is creation of conditions to protect these investments,” he said.