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Liverpool2 to bridge UK economic divide, says government

Liverpool2 to bridge UK economic divide, says government
Peel Ports’ GBP350m ($591m) Liverpool2 terminal will play a key role in “rebalancing” the economic disparity between Britain’s North and South, according to a UK report.

Proposed by Liverpool, Leeds, Manchester, Newcastle and Sheffield, the One North project proposes a GBP15bn plan to establish better road and rail infrastructure between those cities. Speaking to BBC Radio 4’s Today Programme, Liverpool’s mayor Joe Anderson said: "We want the capacity, the ability to ship that freight further north, east and across to Hull and the Humber. It’s right that if we are seriously talking about rebalancing the economy, that we have to create better connectivity between our northern cities." Anderson added that the new terminal would provide a key maritime trade connection with the east.

Britain’s prime minister David Cameron referred to Liverpool2’s role in “rebalancing the economy” in June of this year, adding that the new development would reduce the North’s reliance on southern ports: “So many of the big container ships come into southern ports such as Southampton and Tilbury. Yet so much of that freight is destined for the North of the country. This new terminal in Liverpool will ensure that freight can come directly to the north of England.”

The GBP350m Liverpool2 terminal involves 854 m of quay wall, in-filling of newly created land-mass, dredging of a 16.5 m berthing pocket adjacent to the quay wall and installation of ship-to-shore quay cranes and modern cantilever rail mounted gantry cranes as well as infrastructure works. Once opened in 2015, the port is expected to generate 5,000 jobs in Liverpool’s maritime sector, which currently contributes GBP2.6bn to the economy every year.