Port of Antwerp signs agreement to build intermodal terminal

Port of Antwerp signs MoU to build intermodal terminal

The Port of Antwerp has signed a memorandum of understanding (MoU) with the Statutory City Ostrava, the Railway Administration (SZDC) and Concens Investments to build a new intermodal terminal to increase trade across Europe and move cargo traffic from road to rail.

In a statement, the Port said the Mosnov Multimodal Transport Terminal will connect it to the Moravian-Silesian region in the Czech Republic, as well as neighbouring regions in Poland and Slovakia.

The region has a population of over 1.2 million people and is a centre of IT, electronics and automotive industries, with numerous European companies based there.

“The Moravian-Silesian region is accelerating in developing in terms of industrial zones, logistic parks including warhouses and new investments of abroad companies,” the Port said in a statement.

“Logistics and Transport connectivity aspect will become more and more important for the growing industry sector and these kind of hubs and terminals will be key to a successful and reliable supply chain.

“The region has also potential to be a gravity point in case of east-westbound cargo flows and distribution.”

Concens Investments, the project developer, is negotiating with potential future terminal operators and once it is established the hope is the region will be connected to other European seaports.

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