PD Ports promotes Teesport for Asian investment
One of the 10 largest ports in Western Europe, the bustling Teesport, located in Teesside in northeast Britain, is a significant hub for Asian investors. About 38 million tonnes of cargo passed through Teesport last year alone. Behind Teesport's growing business activities is PD Ports, one of Britain's top five port-operating companies. Having more than 160 years of experience, PD Ports is a key contributor to the development of Teesside as an ideal destination for foreign investment.
One of the 10 largest ports in Western Europe, the bustling Teesport, located in Teesside in northeast Britain, is a significant hub for Asian investors. About 38 million tonnes of cargo passed through Teesport last year alone. Behind Teesport's growing business activities is PD Ports, one of Britain's top five port-operating companies. Having more than 160 years of experience, PD Ports is a key contributor to the development of Teesside as an ideal destination for foreign investment.
"Teesside is the best place to invest," says David Robinson, group CEO. "For Asian investors who want to set up in Europe, this is one place where they should go."
Companies that are restructuring their logistics for their British operations will benefit from the portcentric platform that PD Ports has embraced. The platform allows cargo-carrying containers to be kept at the port in warehousing, then devanned and sorted at distribution centres on-site before being delivered onwards when the contents are required. By reducing fuel and haulage expenses and cutting the number of road trips by half, companies are able to save on the cost of transporting containers from the port to distribution centres and then on to their final destination.
Apart from the portcentric platform at Teesport, the advanced infrastructure, efficient transport and state-of-the-art container systems at the ports, Teesside offers additional advantages to Asian companies and investors. Property costs and wages for skilled labour are lower in comparison to Teesside's counterparts in southern Britain.
To promote Teesside further as an industrial and distribution hub, PD Ports is also enabling renewable energy production. The company plans to customise its port facilities at Hartlepool to accommodate the fabrication requirements of renewable energy producers such as offshore wind turbine manufacturers and biomass companies.
"We can definitely promote Teesside as an area to invest in the industrial, chemical, process and energy sectors," Robinson says. "We want businesses to look at Teesside as a place for opportunities."
