INFRASTRUCTURE * UK - Europe's largest logistics park
DP World finally starts London Gateway construction
London,UK -Transport Intelligence-26 Aug 2008: --Port development company DP Worldhas finally commenced building what is projected to become one of Europe's largest logistics facilities on a site to the east of London, England...The Dubai-basedorganisation last week signed contracts with civil engineering companies Laing O'Rourke and Dredging International. The first tranche of the contract will be worth £400m, with the total cost of the project estimated at £1.5bn... 'London Gateway', as the development is called, will be located on the north bank of theThames estuary just a few miles downstream from the existingTilbury container terminal.It will be centred on a huge new port ultimately capable of annually handling 3.5m TEUs (twenty-foot equivalent units).In addition to what will be a substantial addition to north-western Europe's port infrastructure, the facility may also offer whatDP Worldclaims will be Europe's largest logistics park...
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