The Dubai-based DP World has announced that on Wednesday opened three major new terminal sites in Romania.
Constanta, the largest container port on the Black Sea, is now home to two new facilities following a €65m investment: a 5-hectares ‘project’ cargo terminal for heavy, large and complex cargo, and a new ‘roll-on, roll-off’ (RO-RO) terminal that will handle up to 80,000 vehicles per year at its peak.
A further €50m will be invested in a new multi-transport platform in Constanta that will open in 2025, as the company informs.
DP World’s third new facility opening is in Aiud, located in the industrial heartland of Romania, which is now home to a new 8-hectares ‘intermodal’ logistics hub connecting rail and road, following a €21m investment.
The new facilities will improve the connectivity between DP World’s existing sea, rail, barge and truck services across Romania and will enhance the movement of goods between mainland Europe through to the Black, North and Adriatic Seas.
DP World has invested over €250m in Romania since 2004, including grants from the European Union.
Rashid Abdulla, chief executive and managing director, DP World Europe, who started his career as manager for Constanta in 2004, said: “Romania is a dynamic economy and well positioned to benefit from the rise in nearshoring and manufacturing. DP World looks forward to building on our long-standing relationship with Romania, and to deploying our latest investments to support Romania as it plays an increasingly important role in trade and economic growth in the region.”
“DP World’s latest investments in Romania will increase the cargo flows by around two million tonnes per annum through the country. We believe that with this investment, DP World in Constanta will significantly strengthen its position as one of the most important container and RO-RO hubs in Central and Eastern Europe. To aid this, we also plan to open a centre of excellence for services in the Balkans, to facilitate trade for the countries around Romania,” said Cosmin Carstea, chief executive DP World Romania.
“The Romanian government welcomes DP World’s latest investment in Romania’s logistics infrastructure. DP World has been a strong partner to Romania for twenty years. Constanta port has opened Romania to new markets and trading opportunities, provided stable and skilled jobs and catalysed the development of a whole host of adjacent businesses,” noted Sorin Grindeanu, minister of transportation, Romania.
Source: DP World
