London Gateway Gets Final Seal of Approval
08.05.2008 (15:53)
The UK government has granted the final seal of approval for the development of the container port at London Gateway, which incorporates Europe’s largest logistics park.The Dept for Transport (DfT) has issued a Harbour Empowerment Order to London Gateway, which enables official and statutory powers to the new port, eyefortransport.com reports.
Construction work will begin later this year.
The 1,850 acre site is 25 miles from central London, near Stanford-le-Hope, South Essex.
London Gateway’s owners, DP World, is investing more than ₤1.5 billion in the project over the next ten to fifteen years, making it the biggest capital investment initiative in the UK.
London Gateway will become a national hub port for the UK and will accommodate the world’s largest container ships. The port will be the most fully automated and efficient in the country, adding an additional 3.5 million TEU to the nation’s port capacity.
In addition to a major deep sea facility, London Gateway port will combine with Europe’s largest logistics park, offering 9.5 million sq.ft for the distribution, manufacturing and hi-tech sectors.
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