Rotterdam and Busan Strike Growth Deal
The Busan Port Authority has signed a Letter of Intent (LOI) with the Port of Rotterdam Authority to build a sustainable warehouse on 5 to 10 hectares of the Maasvlakte Distribution Park West.
The deal is the second LOI to be signed by the BPA for the Maasvlakte Distribution Park West.
Combined with the previous agreement, it now means up to 20 of its 100 hectares have been reserved for the proposed new warehouse, which will be used by multiple Korean service providers.
The rest of the Maasvlakte Distribution Park West that is still available will be allocated in plots according to size.
Credit: Port of Rotterdam
This, coupled with the fact that there are no height restrictions, makes the Maasvlakte Distribution Park West extremely suitable for the development of large-scale distribution, according to the Port of Rotterdam.
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Maarten de Wijs, Business Manager Distribution and Warehousing of the Port of the Rotterdam Authority, explained the benefits of the Maasvlakte Distribution Park West: “The site has multimodal links by road, rail and water and is located just a stone’s throw from high-frequency deep-sea and short-sea connections.
“The Distribution Park is also located conveniently for the A15, the Maasvlakte Plaza Truck parking area, the existing Maasvlakte Distribution Park and the freight rail links between Maasvlakte and the European hinterland.”
“I see particularly good opportunities for the chemical industry, cold storage and the distribution of high-quality freight.”