Financing secured for Maasvlakte 2

Construction work will start this autumn on Maasvlakte 2, and the first terminals of the new 2,000 ha port and industrial complex will be put into use in 2013. It is estimated that total investment in the construction of the project will reach some €3bn. Earlier in the month, the European Investment Bank announced that it would make €900m available for Maasvlakte 2.

The Port Authority is currently involved in a number of other infrastructure works, including in-filling part of the Hartel Canal and construction of the Euromax container terminal and the two LNG terminals at Maasvlakte. During the coming five years, a total of around €12bn will be invested in the Port of Rotterdam.

The partly state-owned BNG specialises in funding government bodies and public interest organisations, with a remit to minimise the costs of public services to Dutch tax-payers.