Robert Goodwill Hails Port of Tyne
By Aiswarya Lakshmi
Saturday, June 27, 2015
UK's Ports and Shipping Minister Robert Goodwill said that the Port of Tyne is a model of innovation and a major contributor to both the local and national economy.
During his first visit to the port yesterday (25 June), the MP for Scarborough and Whitby witnessed firsthand the progress being made on the £25m project to extend the main Riverside Quay.
Scheduled for completion next year, the investment will increase capacity to handle a wide range of bulk cargoes by almost 20%, expanding the port’s ability to compete effectively in new and existing markets.
"The government is strengthening the UK's maritime sector as part of our long-term economic plan. Our Maritime Growth Study, due to report later this year, will help ensure Britain remains competitive and a world leader in this vital industry."
Hilary Florek, Port of Tyne Chairman, said: "The Port of Tyne added over £560 million to the North East's GVA in 2014 and its continued investment in port infrastructure is critical to the future economic growth and success of the region and the UK."