Port of Rotterdam to Intensify Development

Port of Rotterdam Authority wants to intensify investment programme for Port Vision 2030 in light of increased financial returns.

In the first half year, the Port of Rotterdam Authority result increased by €21 million to €119 million (22%), compared with 2011. The growth is a result of increased returns, while costs remained stable.

The returns from the letting of industrial areas increased by €12 million (9%) through new area distribution, especially on Maasvlakte 2, and price adjustments. Sea port dues increased in line with throughput, by €4 million (3%).

This has led the Port Authority to consider which projects can be implemented earlier, focusing mainly on projects in the areas of accessibility, environment and living climate, innovation and the connection between city and port.

In the first half year, the Port Authority invested 27% more than in the first half of 2011 (€237 million as opposed to €186 million). The expectation is that investments this year will run to some €500 million, almost the same amount as in 2011. With this the Port Authority is investing in a healthy future for the port and in further strengthening of the Dutch economy.

In general, businesses in the port have started to value the Port Authority more. In the bi-annual customer satisfaction survey, customers gave the Port Authority a 7.4 (was 7.0).