INVESTMENT BENEFITS KEY PORT CARGOES AT PORT OF CARDIFF
Associated British Ports (ABP) is to invest over £0.5 million at its Port of Cardiff to build a new dedicated timber terminal and extend an existing facility to cater for growth in steel and forest products.
Some £200,000 will be spent on creating a new four-acre timber terminal at Roath Dock to handle increased volumes of forest products for customers Timbermart UK, Western Log Group and to service the requirements of CM Willie’s regular fortnightly service from the Baltic states.A further £320,000 will be invested to assist Cardiff Stevedoring extend ‘H Shed’, also at Roath Dock.This is part of a larger £2 million expansion project being undertaken by Cardiff Stevedoring to grow its business in Cardiff, which is being part-funded by a Welsh Assembly Grant.
The 6,000 sq m extension to ‘H Shed’ will allow Cardiff Stevedoring to cater for increased volumes of steel and forest products, which it currently imports from the Baltic countries and the Mediterranean for onward distribution to various customers across the United Kingdom.Clive Thomas, Deputy Port Manager, ABP Cardiff & Barry, said:
“This investment in the port’s facilities and infrastructure is an investment in the future of the port’s steel and forest products business.When these two projects come to fruition, they will allow our customers to grow and expand their operations, bringing even more business to Cardiff.”
John Davey, Managing Director, Cardiff Stevedoring, said:
“The support being made available to us by the Welsh Assembly Government, through the Regional Selective Assistance Grant, together with the backing of ABP and Barclays Bank, and the channelling of our own financial resources from within the Cargo Services (UK) Group, have made this major expansion of the Roath Dock Cargo Terminal in Cardiff an exciting multi-million-pound scheme for us all to be involved in.” |
 |
Copyright © Associated British Ports Holdings PLC 2004. All rights reserved.
Contact us
