UK’s first Port Economic Partnership launches
The UK government’s Department for Transport (DfT) has partnered with a port to launch the UK’s first Port Economic Partnership (PEP) with the aim of creating stronger links between ports and Government to maximise long-term trade and economic growth.
The partnership with ABP’s Port of Southampton will focus on include leveraging the maximum benefit from public and private sector investment and ensuring that planning processes are as efficient as possible. It is anticipated that this will better facilitate ports’ investment in new freight-handling facilities and other infrastructure needed to grow trading volumes and maintain the UK’s economic position.
Alastair Welch, ABP’s regional director for Southampton, said: “We are proud and excited to be joining the Government in launching the UK’s first Port Economic Partnership. It’s great to see the Government put maritime at the heart of the nation’s economic future. This is another fantastic initiative capable of turbo-charging trade and boosting the nation’s exports.
“ABP looks forward to working collaboratively with Government to deliver the benefits which the Partnership will bring to support the Port of Southampton’s future growth.”
As part of its strategy, ‘Maritime 2050 – Navigating the Future’, launched in January 2019, the Government outlined the creation of Port Economic Partnerships as one way of creating a strong business environment for ports to thrive, boost trade and drive the national economy.
By Rebecca Jeffrey
Latest Press Releases
On 3rd October, Damen Shipyards Galati hosted a celebration marking the keel-laying of a Damen Marin... Read more
Close Collaboration Between Strathclyde University and Datum Electronics To Propel New Condition Monitoring Technology
We are pleased to announce a new Knowledge Transfer Partnership (KTP) with Strathclyde University, a... Read more
Albwardy Damen has been presented with the Shipyard of the Year Award at a glittering ceremony that ... Read more
On 21st August, Damen Shipyards Group signed a contract with the Port Authority of Jamaica (PAJAM) f... Read more
Heavy-lift jack-up vessel Innovation, one of DEME’s DP2 installation vessels, left Damen Verolme Rot... Read more
In August 2019 Damen Shipyards Group signed a contract with SAAM Towage for the delivery of an ASD T... Read more