Independent journal on economy and transport policy
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The European Investment Bank grants deep for 900 million euros to the port of Rotterdam
In great part they will be used for the realization of the new harbour area Maasvlakte 2
May 10, 2012
The European Investment Bank (BEAUTIFUL) has formally granted to the Port of Rotterdam Authority the final tranche of 900 million euros of the deep ones used for the harbour infrastructure realization, of which the great part they are destined to the new harbour area Maasvlakte 2, that it is under construction from 2008 and it will become operating in the second half of 2014. The loan covers a span of time of beyond 30 years and - it has emphasized the BEAUTIFUL ones - it affords to Port Authority not to have to resort to the necessity to refinance the investment in the course of this period.
"The investment in the long term in infrastructures of European valence, as Maasvlakte 2 - the president of the BEAUTIFUL ones has declared, Werner Hoyer - is essential in order to assure the sustainable economic increase of the continent. The European Investment Bank is pleased to have worked for many years to tightened contact with the Port of Rotterdam Authority to the aim to assure that the offered harbour structures from Maasvlakte 2 can give benefit to the economic activity are in Holland that in the other regions of north-western Europe".
"The consistency of this credit line, with its important duration - it has observed the financial director of the Harbour Authority of Rotterdam, Paul Smits - returns part essential of our investments. We have invested in important way in infrastructures of the port: between last year and this year draft of about 500 million euros, three quarters of which are spold in Maaslakte 2. Our projects are correlated to the businesses, but for this type of investments much time is necessary in order to reach the points of break-even. It is therefore for that this type of deep is important for this type of projects".
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The European Investment Bank (BEAUTIFUL) has formally granted to the Port of Rotterdam Authority the final tranche of 900 million euros of the deep ones used for the harbour infrastructure realization, of which the great part they are destined to the new harbour area Maasvlakte 2, that it is under construction from 2008 and it will become operating in the second half of 2014. The loan covers a span of time of beyond 30 years and - it has emphasized the BEAUTIFUL ones - it affords to Port Authority not to have to resort to the necessity to refinance the investment in the course of this period.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
