DP World has received approval for the GB£1 billion (US$1.3 billion) London Gateway expansion project, which is expected to establish the facility as the UK’s largest container port.
The construction works will commence in May, with DP World estimating that the expansion project will be completed after four years.
The project includes the construction of two 400 metres-long all-electric berths and the building of a second rail terminal.
Once the expansion is completed, London Gateway will be able to simultaneously accommodate six of the world’s largest container ships, served by Europe’s tallest quay cranes.
Sultan Ahmed bin Sulayem, CEO and Group Chairman of DP World, stated: “This investment enhances London Gateway’s position at the heart of British trade, creating new capacity and new connections between the United Kingdom and the global economy. DP World has invested more than GB£5 billion (US$6.5 billion) in its UK operations, providing more than 5,500 jobs, and is proud to be supporting national economic growth by enabling businesses to thrive and increasing resilience in the supply chain.”
According to DP World, over 1,000 construction jobs will be created during the project, plus 400 permanent new jobs at the expanded port.
