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Emirati multinational logistics company, DP World, has opened new facilities at the Black Sea’s largest container port - Constanța, in Romania. The facilities include a ‘heavy’ cargo terminal, a new ro-ro terminal, and an inland intermodal logistics hub.
The new facilities - which come at a cost of approximately €130m - are expected to significantly boost cargo flows through Constanța by around two million tonnes per annum.
The investment is also likely to spur greater links between the Black, North and Adriatic seas and transform Romania’s strategic importance as a hub for European trade.
The first of the new facilities is a 5-hectare cargo terminal that has been designed to handle heavy, large and complex cargoes.
The second of the new facilities is a ro-ro (roll-on, roll-off) terminal that is able to handle upwards of 80,000 vehicles per year at its peak. These two facilities required a combined investment of €65m.
The third and final of the new facilities is an 8-hectare intermodal logistics hub which is situated inland at Aiud - the industrial heartland of Romania. This facility will provide interconnection between rail and road at a cost of around €21 million.
These new facilities opened at a time when DP World is marking the 20th anniversary of its first investment in Romania. Since then, DP World has invested heavily in the country. Today, Romania is Eastern Europe’s second-largest economy after Poland.
Commenting on the new facilities and related investments in Romania, Cosmin Carstea, CEO of DP World Romania said:
“DP World’s latest investments in Romania will increase the cargo flows by around two million tonnes per annum through the country. We believe that with this investment, DP World in Constanța will significantly strengthen its position as one of the most important container and ro-ro hubs in Central and Eastern Europe. To aid this, we also plan to open a centre of excellence for services in the Balkans, to facilitate trade for the countries around Romania”.
In addition to its Romanian investments, DP World has also recently invested across Europe. These investments have included port expansion programmes at six of its 11 major terminals across the continent such as Antwerp (Belgium), Novi Sad (Serbia) and London Gateway (UK).
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