DP World confirms GBP 1.5bn investment in London Gateway Project
Dubai World chairman Sultan Ahmed Bin Sulayem has confirmed that DP World plans to invest GBP 1.5 billion in the London Gateway Project.
The London Gateway project will include a world-class port capable of handling the largest deep-sea container ships, as well as the UK’s largest multi-modal business and logistics park.
The London Gateway developments will contribute significantly to the UK government’s wider Thames Gateway regeneration program.
DP World CEO Mohammed Sharaf said that London Gateway is of global significance to maritime and logistics business, and one that DP World is committed to seeing through to a successful completion.
DP World’s proposals include a 2,300 metre long container quay with a fully developed capacity of 3.5 million TEU per year.
It will provide quality services designed to enhance customers’ supply chain efficiency, including bringing together container and other terminals, free zones, logistics facilities, infrastructure developments and consultancy where these services add value for customers.
