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UK PM announces further investment at expanding Liverpool

David Cameron, prime minister of the UK, announced further investment at the Port of Liverpool during a visit to the construction site for new deepwater container terminal Liverpool2.

Cameron announced a GBP150m ($251m) partnership between Peel Ports, owners of Port of Liverpool, and Culina logistics to directly link Liverpool2 to inland industrial parks by canal.

The GBP300m development of Liverpool2 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.

"Liverpool2 will allow the biggest container ships in the world to unload their cargo via Merseyside," said Cameron. "This is a really good example of where you need an active, industrial policy to help rebalance the economy. 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."

Mark Whitworth, chief executive of Peel Ports, said: "We were very pleased to have the chance to show the Prime Minister how the development at Liverpool2 is progressing and how it will contribute to the UK's capacity for international trade.

"What makes Liverpool2 special is its location and facilities, with our improved offering through the steel terminal being a perfect example of both. We have anticipated the future demands and growth of the industry, to ensure that our investment in infrastructure and technology is both flexible and adaptable to the current and future delivery-critical needs of our customers."

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