Seve wins franchise for French cargo complex
Seve, a group led by Montreal Airport Authority, has been confirmed as the winner of a 20-year franchise to develop, operate and manage the Europort Vatry air-freight and multi-modal cargo centre in France.
Centred on a former air force base about 150 kilometres east of Paris, Europort Vatry consists of an air-cargo centre, a road and rail transport hub, a logistics centre and a warehousing complex.
The facility, which is expected to attract 40 per cent of its business from Asia, is due to become operational in 2000.
Seve, which includes Canadian engineering group SNC-Lavalin and the chambers of commerce of Reims-Epernay, Chalons and Troyes, has pledged that air freight will total 125,000 tonnes in the first five years of operations.
To entice cargo operators, landing and handling fees will be 40 per cent lower than other European airports.