EU Bankrolls Gdansk Port’s Deepwater Quay

 06 Dec 2017 10.38am

Poland’s Port of Gdansk Authority has won funding from the EU transport funding programme Connecting Europe Facility (CEF) for construction of a universal deepwater quay.

Port of Gdansk is set to receive US$23 million from the 2017 CEF Transport Blending MAP Call competition.

This is a non-refundable subsidy from the CEF Blending priority amounting to 20% of the total sum.

This should serve as a “considerable financial injection which will make it possible to begin work in 2018.”

With the funding Gdansk Port plans to build a new deepwater quay, called the Polnocne Quay.

It aims to develop the quay and the area along the peninsular breakwater to add new berths for ships.

The general pool of CEF funding available was valued at $1.1 billion.

Port of Gdansk noted that competition for funding was fierce as the total amount of subsidies applied for by companies from across the EU more than twice exceeded the resources allocated.

Read a related paper from FEPORT about how a number of EU ports and terminals are facing challenging situations because of the current overcapacity in the shipping sector.

The Port of Gdansk has already received funding for other investments within the framework of this instrument, including the modernisation of the fairway and expansion of the quays at the Inner Port or the expansion of the road and railway network at the Outer Port.

Jowita Zielinkiewicz, Deputy Development Director, said: "It is a project included in the Development Strategy of the Port of Gdansk until 2027.

“The investment is ready for implementation, project documentation is complete, including the construction design prepared as part of the project co-financed from the TEN-T programme and a valid building permit."

Lukasz Greinke, President of the Board of the Port of Gdansk Authority, said: "We are very happy about the result of the competition.

“It shows that the investments we are planning are valued in Europe and their level not only does not diverge from that of projects from other EU countries, but sometimes even exceeds them.

“The construction of this new quay will allow us to increase the Port's throughput capacity and gain a new universal deepwater quay, the use of which has already been declared by our private partners who signed letters of intent.”

Read more: The European Commission approved transport 39 projects including adapting Belgium’s Albert canal for larger freight transport, as well as improving the capacity of the Port of Gdansk in Poland.

  Cargo Volumes and Throughput, Port Governance, Port Planning