Description
London Gateway port will include a 2,700-metre-long container quay, with a fully developed capacity of 3.5 million TEU a year. The port will be located on the major shipping lanes serving north west Europe and will increase national deep-sea port capacity for the UK, as identified as necessary by the government.
At present, the ports of Felixstowe and Southampton are the first- and second-largest ports by container traffic in the UK, with the Port of London third. Close to Gateway, on the south bank of the Thames estuary, on the south-east side of the Isle of Grain, is Thamesport, a small but well-established container terminal. Thamesport is privately owned by Hutchison Whampoa, which also owns Felixstowe and other ports. There is also the Tilbury Container port on the north bank, up river of London Gateway, whch was previously partially owned by DP World.
The development will dramatically increase the capabilities of the Port of London in handling modern container shipping. DP World has stated that high-quality architecture, sustainability, and high levels of security and management will be key features of the park and will create an attractive environment for occupiers.
The distribution park at London Gateway will cover a development area of 300 hectares (700 acres). It will accommodate buildings in excess of one million sq ft, and offer linkages to local road and rail networks with access across the UK, including London. Outline planning permission has been granted for a total of 9,500,000 sq ft (880,000 m2).
Junction 30 of the M25 motorway and some existing junctions on the A13 roads may be upgraded subject to funding, and DB Schenker plans run intermodal trains via the London, Tilbury and Southend Railway line.
DP World is planning to invest over £1.5bn to develop the project over a 10-15 year development period. It predicts that London Gateway will deliver about 12,000 new direct jobs, benefit the local and regional economy, and assist the government’s Thames Gateway regeneration initiative. In addition, there will be over 30,000 indirect and induced jobs.
Read more about this topic: London Gateway
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