Antwerps attitude pays off

Mr Bruyninckx went on to explain this investment plan is only possible thanks to a sustainable financial policy. He added that this pattern, “even after a period of crisis, gives us a sufficient financial basis to implement this investment programme… and to go ahead with the priority activities and investments”.

Over the next 15 years the port authority plans to invest in development and expansion of the port and its connections, projects which include the Verrebroek dock and the Saeftinghe Development Area. There is to be construction of a second lock on the left bank (recently put out to tender) as well as dock, road and bridge maintenance and investment.

The port is also looking at large equipment purchases, such as cranes, tugs, barges and a suction dredger along with workshops and buildings.

Further, there is also room in the budget to continue with its international investment policy. Additional expenditure is planned for purchase of land from General Motors and financial contributions to the Oosterweel project (which will close Antwerp’s ring road plus providing connectivity) and the Port of Antwerp Stadium.