London Gateway Project is a $2.6 billion project is a major port and logistics development in Essex, aimed at dramatically improving Britain's shipping infrastructure. The company undertaking the project is DP World, a Dubai-based company. The London Gateway is a deepwater port, capable of handling essentially any ship. The project is intended to be a significant upgrade on the current Port of London facilities. The Gateway is located on the Thames, not far from both the mouth of the river and from Greater London.
Impacts
There are several ways to examine the impacts of the London Gateway Project. The first is to look at the immediate impacts. Part of the impetus for the Gateway Project is that current ports in Britain tend to be congested. The current major ports on the island are Felixstowe in Suffolk, Southampton and Liverpool. The former two are relatively close to London, but not nearly as close as the Gateway Project, but they can be considered to be immediate competitors as they serve the south of England. Liverpool is more of a northern port, not necessarily competing for the same business. Congestion at the ports means that there are delays for ships that wish to come and go, representing economic inefficiency and lost revenue (FTA, 2014). The ports at Southampton and London are among the largest and fastest-growing in the country,...
As a result of these major issues and ineffectiveness of the project, future research on the project should focus on the development of a suitable alternative for the new high speed railway. The development of a cost-effective and less expensive alternative should be based on accurate financial analysis and precise projections of economic benefits. In literature review, there are 1,090 words between the background and conclusion sections. References: BetterthanHS2.org (2011), A
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