DP WORLD and DUBAI WORLD Chairman First Person
to Set Foot On New Land at London Gateway
London, UK-Dubai, United Arab Emirates, April 10, 2010: - The Chairman of DP World and Dubai World has become the first person to step on land created at the UK’s newest port and logistics development, London Gateway.
Sultan Ahmed bin Sulayem has inspected the first section of reclaimed land as part a visit to see DP World’s newest development get underway. The dredge and reclamation programme is a key element in the £1.5 billion project at London Gateway.
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. Over 65 million freight miles will be saved every year and 140,000 tons of CO2 emissions.
Simon Moore, CEO of London Gateway said: “We are progressing with the project very well and we are on course to deliver an exceptional piece of infrastructure for the UK.”
The Logistics Park will offer over nine million square feet 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 3.5million TEU (twenty foot equivalent units) to the UK’s port capacity.
DP World has invested in a major hi-tech scheme, unprecedented in scale, to ensure the dredging is carried out safely and responsibly. The dredging work at London Gateway has triggered one of the most comprehensive marine and wildlife monitoring projects ever recorded.
Work carried out, in order to meet some of the toughest environmental laws in the world, includes assessments of the impact of the dredge to wildlife including internationally significant wading bird populations, fish and marine life, as well as to fishing communities, local habitats and resources of historic and archaeological significance.
For more information on London Gateway please visit: www.londongateway.com
About DP World:
DP World is one of the largest marine terminal operators in the world, with 49 terminals1 and 12 new developments across 31 countries. Its dedicated, experienced and professional team of nearly 30,000 people serves customers in some of the most dynamic economies in the world. DP World aims to enhance customers’ supply chain efficiency by effectively managing container, bulk and other terminal cargo.
The company constantly invests in terminal infrastructure, facilities and people, working closely with customers and business partners to provide quality services today and tomorrow, when and where customers need them. In taking this customer-centric approach, DP World is building on the established relationships and superior level of service demonstrated at its flagship Jebel Ali facility in Dubai, which has been voted "Best Seaport in the Middle East" for 15 consecutive years.
In 2008, DP World handled more than 46.8 million TEU (twenty-foot equivalent container units) across its portfolio from the Americas to Asia – an increase of 8% on 2007. With a pipeline of expansion and development projects in key growth markets, including India, China and the Middle East, capacity is expected to rise to around 95 million TEU over the next ten years.
DP World