U.K. ports and terminals have an estimated £1.7 billion ($2.4 billion) of port infrastructure investment in the development pipeline, according to the infrastructure advisory firm Moffatt & Nichol as part of the BPA’s “Port Futures” program.
“Ports are doing their bit, but we rely on government to ensure that road and rail connections from the port gate are fit for purpose,” said Mark Simmonds, The BPA policy manager and Port Futures program coordinator. “The terrestrial and marine planning and consenting process is also cumbersome and costly and often holds back or even prevents some sustainable port development. We hope that this report helps government to develop an accurate picture of the investment that industry is making when developing its policies and making its own investment decisions regarding infrastructure.”
“This research demonstrates that U.K. ports are investing in new infrastructure to keep goods and people moving as efficiently as possible. The U.K. ports industry operates in a competitive and commercial environment, independently of government, so this significant investment is at no cost to the taxpayer.”
To read the report, click here.
