On April 29, 2019, Fraport AG laid the cornerstone for Terminal 3 – one of the largest privately financed infrastructure projects in Europe. Numerous guests and construction workers took part in the ceremony which symbolizes the beginning of building construction. As a reminder of this milestone, the participants filled a time capsule and buried it. Participants included Dr. Thomas Schäfer, the Minister of Finance for the State of Hesse, architect Prof. Christoph Mäckler, Dr. Stefan Schulte, Chairman of the Executive Board at Fraport AG, and Chairman of the Supervisory Board at Fraport AG, Karlheinz Weimar.
At peak times, up to 5,000 construction workers will be present on the construction site. Over the coming months, around 75 cranes will dominate the view of the construction site, during which Terminal 3 will slowly grow. At the south end of Frankfurt Airport, Gate G will be constructed by 2021, with a capacity of up to five million passengers. Gate G will be a complete and cutting-edge passenger check-in building and will be integrated in the premium Terminal 3 at a later date. The completion of the main terminal building with Gates H and J is planned for 2023. This will result in increased capacities of up to 21 million passengers. Terminal 3 can be expanded to include Gate K at a later date. With the complete expansion, the capacity will increase to 25 million passengers.
Fraport Ausbau Süd GmbH, a 100-percent subsidiary of Fraport, is monitoring and controlling the construction project. The planned budget is between 3.5 and 4 billion euros. This is therefore the largest ever single investment in Frankfurt by Fraport AG. It comprises 500 individual tenders. Due to this division, many small and medium-sized construction companies can benefit from orders – including those in the region.
Those interested in the progress being made at Terminal 3 can view multimedia and interactive updates at www.Terminal3.info. (Source: Fraport AG, Press Releases)