The Port of Tilbury is set for a major expansion following the acquisition of 152 acres of land that will be developed into a new port with a deep water jetty.
Owner Forth Ports said it expects to invest £100 million into infrastructure and new facilities on the land, which is part of the former Tilbury Power Station that closed in 2013.
“This is a significant land acquisition for the Port of Tilbury. As London’s major port, it is a key resource for companies who need to access London and the South East of England,” said Forth Ports chief executive, Charles Hammond. “We are acquiring this additional land to extend the port in response to increasing demand from customers who are seeking additional capacity within the port.”
The new port facility will be connected to the national rail and road networks, Forth Ports said.
Hammond continued: “We have an ambitious growth plan for the Port of Tilbury and this land deal will complement our other development projects at the port including the growth of London Distribution Park and the opening this year of the UK’s largest port-based chill store, operated by our partners NFT.”
The Port of London Authority chief executive, Robin Mortimer, hailed the purchase as a “really important development”. “The former power station site offers a fantastic deep water berth and the land is ideal for the port centric logistics in which Tilbury specialises. It’s all part of a picture of growing trade on the Thames, which we are actively supporting through the Thames Vision project,” he said.
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