ABP to invest more than £650m in major projects
Associated British Ports, together with construction partner R G Carter, held a traditional topping out ceremony at its £2.2 million new dry bulk warehouse at the Port of Ipswich.
The new warehouse is 3,700 square metres and will grow the port’s already thriving bulk businesses, which handled over two million tonnes of dry bulks in 2014.
Equipped with solar panels on the roof, the warehouse, which is due to open in June, will provide low carbon power for the port. It also uses motion sensor activated LED lighting to further reduce the carbon footprint.
Ipswich MP, Ben Gummer, who attended the ceremony, said: “It represents yet
another real example of private sector investment in port and transport infrastructure that the Prime Minister was referring to when he visited Suffolk last week.”
Andrew Harston, ABP director, Short Sea Ports added: “This new warehouse facility, which would fill one half of the Ipswich Town ground if erected at Portman Road, is fantastic news for both the port and the region, bringing with it investment, jobs and trade.
“It is a great display of what ABP can do; working with our customers to develop facilities that help their business to grow and drive increases in operational efficiency.”
Together with its customers, ABP Ipswich supports 1,812 jobs locally and contributes £122 million to the regional economy. With the support of its customers, ABP’s Ports of East Anglia, King’s Lynn, Lowestoft and Ipswich contribute £340 million to the UK economy every year and support 3,577 jobs in the region and 5,000 jobs nationally.
ABP contributes £5.6 billion to the UK economy every year and supports 84,000 jobs. Its current investment programme promises to deliver an extra £1.75 billion for the economy every year. ABP generates around one quarter of the UK’s rail freight and plans to invest over £650m in major projects in the next five years.