The Logistics Terminal

Tilbury 2 to receive £200m funding from Government

Tilbury 2 to receive £200m funding from Government

Tilbury 2 has finally been green lit, which is set to be an extension of the Port of Tilbury that will handle the rising demand for construction work, manufacturing as well as retail sectors. The project will receive funding of around £200m from the Government in an effort to match the demand from various sectors in the logistics industry.

Following the project being green lit and approved by the Department for Transport, construction is set to begin on Tilbury 2 during March. Roads in the local area have already been closed while preparations begin for the works that are due to take place, including the Fort Road Bridge used by many local drivers – to the dismay of some residents in the area.

Construction is set to be carried out between the hours of 8AM to 6PM Monday-Friday, with additional works between 8AM-4PM on Saturday and Sunday. Commencing from March 19th, the work will take place for an estimated length of 48 weeks.

Once it has been completed, Tilbury 2 is set to be the biggest unaccompanied ferry port, as well as the UK’s largest construction processing centre. Set to be developed on a site covering 150 acres, Tilbury 2 is being developed over the land where the Tilbury Power Station was located, until it was decommissioned in 2013.

Chief Executive of Forth Ports Group: Charles Hammond spoke on the matter of Tilbury 2 and the opportunities it could bring: “This is great news for the UK at a time when the country needs its ports more than ever before. Tilbury 2 will deliver much needed port capacity to support businesses importing and exporting to and from Europe and the rest of the world.”

“The terminal will be fit-for-purpose for the UK’s departure from the European Union, utilising the latest technology and streamlined border processes, in support of continued market demand created by business growth.

“By 2020, £1bn will have been invested in Tilbury’s expansion plans, including Tilbury 2 and the 55-acre London Development Park, with the full backing of our shareholders.”

As stated, the port could bring many opportunities for international trade following the UK’s departure from Europe, the potential for the Port of Tilbury once the extension has been completed could lead to further success for local logistics businesses.

Do you think Tilbury 2 is a great addition to the Port of Tilbury? Are you looking forward to seeing the project completed?