Global logistics company DP World has announced a £1 billion expansion to London Gateway in an effort to make it Britain’s largest container port within the next five years.
The expansion will see the addition of two new shipping berths, taking the total number at London Gateway to six, each ‘able to receive the world’s largest container ships’.
In addition, a second rail terminal will be added to the terminal ‘to handle the expected increase in containerised trade’.
READ MORE: DP World launches new rail service between London Gateway and Southampton
DP World expects this investment will lead to a ‘boost to the volume and resilience of international trade’.
It says that the expansion of London Gateway will create a further 400 permanent new jobs, in addition to the 1,200 already employed at the site.
Sultan Ahmed bin Sulayem, group chairman and CEO at DP World said: “DP World London Gateway will help make Britain’s trade flow in the future by connecting domestic exporters with global markets and delivering vital supply chain resilience for the whole economy.
“I am proud of this major investment which underlines DP World’s long-term commitment to the UK.”
Ernst Schulze, CEO for ports and terminals at DP World UK, added: “As this commitment demonstrates, London Gateway’s location and transport infrastructure are ideally placed for expansion.
“With extra capacity comes the reliability and supply chain resilience so important to our customers and consumers, especially in uncertain times such as the pandemic and disruption due to geopolitical events.”
