DP World begins work on London Gateway

DP World has begun dredging and land reclamation at London Gateway, the UK's newest port and logistics development, reported Khaleej Times.

The dredging and reclamation programme is the project's key element, which will cost around US$610.45 million.

London Gateway is currently one of the largest inward investments into the UK and is the single largest jobs creation project, which will create some 36,000 jobs when complete. The project will be a major positive contribution to UK business.

The deepening of the River Thames for the project will allow the world's biggest trading vessels to once again deliver goods to the heart of the UK consumer market. This will save UK companies significant transportation and distribution costs as well as improving carbon footprints.

The logistics park will offer over nine million sq ft for the distribution, manufacturing and high-tech sectors. The port, which will be one of the most automated and efficient in the world, will add an additional 3.5 million TEUs to the UK's port capacity.

(Source: Cargo News Asia)