Sunday , 23 September 2018
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Port of Le Havre confirms US$580m investment scheme

The Port of Le Havre Supervisory Board has confirmed a multi-year investment programme devoted to development representing €500m (US$580m).

The programme is structured around two priorities: development investments representing €500m (US$580m) and investments in the maintenance and modernisation of existing assets.

According to a statement from HAROPA, the phasing, whether technical or temporal – depending on the project – will make the programme financially sustainable.

The completion of Port 2000 is crucial to the development strategy of the port in the very short term.

Its completion is based on two ancillary projects: the construction of berths 11 and 12 which will feed the Seine corridor by the growth in maritime traffic and river access to Port 2000 (via the flap gate).

This will help to evacuate containers by waterway and will complete the current river solutions with their natural market outlets of Rouen and Paris.

The construction of berths 11 and 12 will immediately start and the process to select candidates for the allocation of the two berths has already been launched.

The foundation stone of the project could be laid in July 2019, “which offers a guarantee of technical and administrative maturity liable to win the support of Europe for co-financing, for which we could apply alongside the flap gate project”, noted Herve Martel, executive director of HAROPA Port of Le Havre.

The funding is covered by the commitments of the interregional development contract (CPIER), noted a company statement.

The flap gate project has also been maintained in the priority programme to serve a multimodal and low-carbon transport system advocated by main stakeholders in the port area.

The ‘completion of Port 2000’ as a whole will therefore be the subject of a request to the European Commission for a subsidy.

The level of the possible subsidy is of the order of 20% of the cost of the work.

The port’s supervisory board also opted to continue studies on all projects including the extension to the ro-ro terminal, road/rail safety and security enhancement, further development of the logistics parks and redevelopment of the northern terminals.