Rungis wholesale market in Paris is to invest €1bn by 2025, according to the World Union of Wholesale Markets (WUWM), in order to support the market’s long-term growth and sustainability.
The plan apparently has two phases: the renovation of the market’s coldstorage facilities, some of which date back to 1969, and the development of new facilities to increase capacity. Around 132,000m2 of coldstorage will be demolished, with 264,000m2 being newly built.
A number of new facilities are also being developed, including a 6,000m2 gastronomy pavilion dedicated to premium and organic fresh products. Some €12m have been invested in the pavilion, which is due to open by 2016.
Rungis, which houses 1,200 companies on 234ha, currently handles 2.5m tonnes of food a year. According to WUWM, the coming years will see more investment in future e-commerce businesses, with new warehouses built to facilitate the logistical needs of internet companies.
