DP World has received clearance for a £1 billion ($1.2 billion) project to expand London Gateway, making it the UK’s largest container port.
According to DP World, construction for the project will begin in May.
The global logistics company claimed that the extension will take four years to construct, adding two further 400 metres-long all-electric berths and a second rail terminal in a key infrastructure project that will boost the UK’s trading capacity.
The Thames Freeport’s expanded container port will be able to house six of the world’s largest cargo ships, which will be serviced by Europe’s tallest quay crane.
DP World’s CEO and Group Chairman, Sultan Ahmed bin Sulayem, announced the investment at the UK Government’s International Investment Summit in October 2024.
On 21 March, the chairman met with UK Minister of State for Investment, Baroness Poppy Gustafsson, at London Gateway to discuss the investment, growth plans, and 400 new permanent jobs at the logistics hub.
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Sultan Ahmed bin Sulayem, CEO 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 £5 billion ($6.4 million) 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.”
Baroness Poppy Gustafsson OBE, Minister of State for Investment, stated: “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.”
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DP World’s £1 billion ($1.2 billion) expansion will reportedly create over 1,000 construction jobs and 400 permanent jobs at the port.
The project was approved in collaboration with Thurrock Council and the UK Government’s Marine Management Organisation.
Construction began after DP World and Gemini Cooperation agreed to call at the London Gateway.
