DP world’s £1bn expansion project at London Gateway will start in May, with construction of two new shipping berths and a second rail terminal.
The global logistics company said it would take four years to complete and that the expanded container port, part of the Thames Freeport, would be able to accommodate six of the world’s largest container ships.
Sultan Ahmed bin Sulayem, chief executive and group chairman of DP World, said: “This investment enhances London Gateway’s position at the heart of British trade, creating new capacity and new connections between the UK and the global economy.
“DP World has invested more than £5bn 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.”
Over 1,000 construction jobs will be created during the £1bn expansion, plus 400 permanent new jobs at the port.
Approvals for DP World’s project were secured following collaboration with Thurrock Council and the government’s Marine Management Organisation.
Baroness Poppy Gustafsson, Minister of State for Investment, said: “The UK is open for business and DP World’s major investment is the latest vote of confidence in our economy, delivering economic growth and showing our Plan for Change is working.
“DP World’s expansion in London Gateway will turbocharge the UK’s logistics sector and help deliver the long-term, stable growth that supports skilled jobs and raises living standards across the UK.”
