Busan Port Authority and Port of Rotterdam Sign Letter of Intent
Korean port authority wants to develop sustainable warehousing on the Maasvlakte Distribution Park West
FLTR: Allard Castelein (CEO Port of Rotterdam), Yunyoung Lee (Ambassador South-Korea in the Netherlands and Kichan Nam (President Busan Port Authority)
On 19 November 2018, the Busan Port Authority and the Port of Rotterdam Authority signed a Letter of Intent for the allocation of a 5 to 10-hectare site on the Maasvlakte Distribution Park West. It is the second LOI signed in a short time for this distribution site.
The Busan Port Authority wants to develop a sustainable warehouse on the Maasvlakte Distribution Park West, to be used by multiple, mainly Korean, service providers. Combined with the previous agreement, this means that 15 to 20 hectares of the total available 100 hectares have already been reserved.
Maarten de Wijs, Business Manager Distribution and Warehousing of the Port of Rotterdam Authority, explains the great interest in the only available ‘greenfield’ location in the Port of Rotterdam due to the favorable location of the site. “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.”
The part of the Maasvlakte Distribution Park West that is still available will be allocated in plots of various sizes. Coupled with the fact that there are no construction height restrictions, this makes Maasvlakte Distribution Park West extremely suitable for the development of large-scale distribution, says De Wijs. “I see particularly good opportunities for the chemical industry, cold storage and the distribution of high-quality freight.”
About Busan Port Authority
The Busan Port Authority (BPA) is the governing body of the South Korean port of Busan, responsible for the maritime and seaport trade in this leading seaport in the country. The BPA was founded in January 2004 to contribute to the national economic growth by developing Busan Port as a global logistics hub.
Source: Port of Rotterdam