The Port Authority invests

The Port Authority board of directors has approved an ambitious investment plan for the period 2011-2025 totalling 1.6 billion euros, to further strengthen the competitive position of the port of Antwerp. This doubles the annual investment amount in comparison with previous years.

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The investments will be concentrated on port expansion (the Verrebroek dock and Saeftinghe Development Area), port infrastructure (with among other things construction of a second lock on the left bank), floating equipment, and dock-mounted and mobile cranes. It also includes buildings, with the new Port House as the flagship project.

The Port authority will also make a financial contribution to the Antwerp Master Plan and the Port of Antwerp Stadium, and will provide resources to buy up the General Motors premises, i.e. the Opel plant in Antwerp which has now closed down. The Port Authority has a right of option on this site (by notarised deed of sale) and a right of first refusal (under the terms of the Port Decree).

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