DP World reaffirms its faith in Belgium as a logistics hub

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Dubai,  25 August 2014 (STAT):- DP World takes over all  shares owned by Euroports in Trilogiport (Liège container terminal). With this, the  international terminal operator takes full responsibility for the development of Trilogiport. DP World thus confirms its confidence in Belgium as a logistics hub and  base for the hinterland.

Trilogiport is the planned container terminal at Liège Port, which is yet to be  developed: a project that is part of the Marshall Plan of the Walloon Government, a key objective of which is the development of Liège as a logistics hub. Louis Bertrand, Director-General of the Liège Port Authority explains: "DP  World supports our strategy to connect Antwerp and Rotterdam to Germany, the  Netherlands and France via Liège."

Joost Uwents, CEO WDP: "When global players such as DP World invest in  something, it is always based on a well-thought-out strategic long-term decision, and  this creates confidence. By investing in logistics parks with water access, we avoid  the need for extra transportation and offer our clients the possibility to fully use the  multi modal opportunities that exist in Liège. ”Hans-Jörg Simon, CEO for D.L. Trilogiport Deutschland GmbH: “We share the  belief of DP World in the benefits of investing in the prime location of Trilogiport. The  accessibility by truck, rail and barge is unique in the region. Our customers are  looking for a reliable and high quality service and we are convinced that the  experience DP World brings will deliver this.”

For DP World, involvement in the project is a logical step in its expansion in the  Benelux and a way of strengthening its presence on the Albert Canal. The Albert  Canal is one of the most important traffic arteries for multimodal transport from and to  the Port of Antwerp as well as an alternative to the increasing amount of traffic on the  motorways. On the Canal, DP World has been operating a terminal in Grobbendonk  since the end of 2011: the Beverdonk Container Terminal. With the operation of two terminals, at the beginning and the end of the Canal, synergies can be achieved in  terms of the optimisation of lighter transport and provision of appropriate solutions for  customers.

Rob Harrison, CEO DP World Antwerp: "In this way, we can immediately bridge  the gap from the Port of Antwerp to the Walloon region and subsequently, to the rest  of Europe. There are also environmental benefits in using the Canal, taking lorries  off the road and reducing carbon emissions."

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