Goodman Group and Tako Town are partnering to develop logistics facilities at the proposed third runway of Narita International Airport
The 70ha project to develop world-class cargo facilities is supported by Narita International Airport Corporation (NAA) and Chiba Prefecture.

Goodman Group (Goodman) will partner with Tako Town, in close collaboration with Narita International Airport Corporation (NAA) and Chiba Prefecture, on a 70-hectare project to develop world-class air cargo logistics facilities in the Iizasa area of Tako Town, Chiba Prefecture.

The site is connected to a planned expansion of Narita International Airport creating a third runway, scheduled for completion in March 2029. The purpose of the project is to establish a world-class international air logistics hub on a 70-hectare site for the "International Exchange Complex" as part of Tako Town's master plan, which was created in March 2021. The complex will be designed to be one of the leading global facilities for seamlessly streamlining cargo operations into and out of the airport.

Recently, Chiba Prefecture and nine cities and towns (including Narita City and Tako Town) surrounding Narita International Airport agreed to create a plan to develop an international industrial hub under the Regional Future Investment Promotion Act¹.

Goodman, a global industrial property specialist, has decided to undertake the air cargo logistics facilities, targeting completion in March 2029 to coincide with the opening of Narita International Airport’s third runway. These facilities form part of a strategic plan to promote regional economic growth with the application of the Regional Future Investment Promotion Act, which has allowed the project to take shape.

The project will see the logistics space for cargo fully integrated with Narita Airport, helping bring NAA’s “New Narita” initiative to life.

-Ends-

For further information, please contact:

Yoko Kashima

Goodman Japan Limited

Yoko.Kashima@goodman.com

+81 3 6910 3300

¹ Formally known as the Act on Strengthening a Framework for Regional Growth and Development by Promoting Regional Economy Advancement Projects

Goodman Group to develop world-class air cargo logistics facilities at Narita International Airport

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