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Cairo Airport T2: Newly renovated with big commercial opportunities |
EGYPT. Cairo Airport Company will this week issue tenders for duty free, speciality retail, food & beverage and pharmacy concessions at Cairo International Airport Terminal 2. The terminal was closed in April 2010 for a US$400 million renovation, which began in 2012. The facility is expected to re-open in Q1 2016.
The reopening presents sizeable commercial opportunities for potential partners, with around 22,000sq m of commercial space available within the 234,000sq m building. At stake are five-year contracts in each case.
The opportunities include:
*Duty free: 3,000sq m (2,300sq m airside and 700sq m landside)
*Food & beverage: 3,500sq m (2,350sq m airside and 1,150sq m landside)
*Other retail: 1,100sq m (575sq m airside and 525sq m landside)
*Pharmacies: 116sq m (66sq m airside and 50sq m landside)
The tender documents will be available from 28 June and the deadline for submissions are:
*Duty free: 28 July
*F&B: 27 July
*Other retail: 29 July
*Pharmacies: 30 July
Cairo international Airport handled 14 million passengers last year. The renovation project will increase T2 capacity from three million to 7.5 million passengers annually. It will handle SkyTeam, OneWorld and Gulf carriers.
Cairo Airport Company said: “The entire terminal’s look and feel will improve dramatically once the renovation works are completed. The upgrade shall include the complete modernisation of the 20-year-old facility to reach the same level of service as the new Terminal 3. Once completed, the renovated terminal will be operated jointly with Terminal 3 as one integrated terminal, thus, reinforcing the role of Cairo International Airport as a regional hub.
“The terminal will include larger and more modern retail areas and will include gates to handle the Airbus A380. Passengers can expect a highly modern terminal offering international standard service levels and more passenger conveniences, including large retail areas and lounges.”
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T2 is set to re-open in Q1 2016 |
Background
Cairo Airport Terminal 2 was inaugurated in 1986, serving primarily European, Gulf and East Asian airlines. The terminal was closed in April 2010 for complete renovation, starting in 2012 and lasting 36 months. The architecture of the original building limited the opportunities for further expansion, prompting a major structural overhaul at an estimated cost of US$400 million. This was supported by a US$387 million loan from the World Bank.
