What long-term investment did the UK transport minister report for the original London Gateway development in 2014?
DP World opened London Gateway on the Thames in 2013 as a deep-water container port linked to logistics and rail facilities. In a June 2014 speech, the UK Department for Transport described the development as a GBP 1.5 billion long-term investment; the operator likewise calls this the initial investment. The number describes the original port-development programme, not a price for one berth, the later fifth-berth expansion or an audited final outturn.
Published project estimate
£1.5 billion
Approximately $2.47 billion
Cost basis: 2014
Cost evidence