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ABP investing $19.9m in vehicle terminal at Port of Southampton

ABP is investing £15m ($19.9m) in a new vehicle terminal at the Port of Southampton.

The new terminal is to be built at the Eastern Dock in the southern British port and will provide storage for an additional 3,000 vehicles. The Port of Southampton handles 1.5m vehicles a year and the new terminal is expected to be complete in 2019.

Alastair Welch, ABP Southampton director, said: “ABP has already invested more than £32m over the past five years to support the automotive industry.”

In terms of automotive shipping the port is served by 11 lines undertaking 110 calls to 52 ports in 40 countries each month.

“The investment is testimony to the performance of the Port of Southampton and will help increase the port’s vital contribution to the regional and national economy and keeping Britain trading,” Welch added. 

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