One of GCT Gdansk's founders, Robert Sinclair, is confident that the company will have the necessary consents by the end of the year, and the two-year build time will start then. The port will be modelled on Thamesport, though Sinclair stresses that Gdansk has a more reliable rail service than Thamesport.
Sinclair believes that Gdansk will co-exist peacefully with Poland's current container facilities at Gdynia. He hopes, too, to add a logistics park and a ferry terminal. DCT Gdansk is in negotiations with the Mayor of Gdansk for permission to build the logistics space.
"At the moment, Poland is in the 1970s," says Sinclair. "When it joins the EU and adopts the euro, it will reach the 1990s and the Polish will start shopping. That's when they'll need containerisation.
"In addition, the EU wants to get stuff off the roads. Countries need these ports. The EU wants the Baltic Sea to become the Baltic motorway."
DCT Gdansk will operate the container port and will be structured as two companies: DCT Gdansk plc and DCT Gdansk sa.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
