The land was purchased from the state-owned Regional Development Holding agency by East-West Intermodal Logistics, a partnership of Trusty Business Management and Grennovatív Energetics Development.
The East-West Gate (EWG) gauge-changing terminal is expected to cost Forints 22bn ($US 73m) and will be partially funded through a government contribution of Forints 3bn. The new terminal is expected to create 140 jobs.
When it opens in January 2022, the terminal will have an initial loading space of 15,000m2, but a further 500,000m2 is available for further expansion.
The terminal will have five 1435mm-gauge and five 1520mm-gauge tracks with a length of 850m. The terminal will be equipped with 45-tonne capacity cranes capable of handling a range of freight including lorry trailer, tank containers and chemical shipments.
The terminal will also be equipped with a dedicated 5G network and will operate using renewable solar energy sources and heat pumps. All vehicles will be battery operated.
The terminal is expected to handle up to 500,000 TEU per year under the limitations of the current railway network but could be expanded to handle up to one million TEU annually following the completion of the V0 Budapest Bypass Railway.