Wednesday , 18 September 2019
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Busan Port Authority signs agreement for Maasvlakte site
Allard Castelein (Port of Rotterdam CEO), Yunyoung Lee (South Korean ambassador in the Netherlands) and Kichan Nam (president of Busan Port Authority)

Busan Port Authority signs agreement for Maasvlakte site

Busan Port Authority (BPA) and the Port of Rotterdam Authority have signed a letter of intent (LOI) for the allocation of a 5-10 ha site on the Maasvlakte Distribution Park West.

The South Korean hub wants to develop a sustainable warehouse at the site to be used by multiple, mainly Korean, service providers.

Combined with a previous LOI signed for this distribution site, this means that 15-20 ha of the total available 100 ha have already been reserved.

Maarten de Wijs, business manager of distribution and warehousing at the Port of Rotterdam Authority, said: “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 the distribution park suitable for the development of large-scale distribution according to de Wijs.

He added: “I see particularly good opportunities for the chemical industry, cold storage and the distribution of high-quality freight.”