DP World pledges up to £15m to support community projects in the Thames Estuary

DP World, a leading provider of end-to-end global supply chain solutions, today announces it will donate up to £15 million to community projects in the Thames Estuary region.

DP World enters into agreements with its new residents at the London Gateway Logistics Park – part of the Thames Freeport tax zone – to fund a joint levy to be distributed to promote community projects, social infrastructure and skills development in the region. The sum raised is expected to total £15million over five years.

The logistics company is currently working with the community to identify suitable projects. Selected projects include community initiatives, social infrastructure, and skills and education programs in partnership with schools and colleges.

Alan Shaoul, Chief Financial Officer for the UK at DP World, said: “DP World exists to improve the flow of trade around the world and transform what’s possible for the customers and communities we serve around the world. Depending on how many new businesses move to London Gateway, we expect the total to be around £15m over the next five years. Our aim is to invest the funds in projects that support the economic revitalization of the Thames Estuary, Thurrock and neighboring counties.”

“For ten years DP World in the UK has supported local causes such as Little Haven’s Hospice, Meningitis Now, South Essex Wildlife Hospital and STEM education for school children in South Essex and our award winning education programme. We are excited that this fund will allow us to significantly increase our investment in the community while helping to address long-standing skills challenges. We will try to collaborate with around a dozen projects that will really change the lives of local people,” Shaoul said.

DP World’s logistics center at London Gateway is a key pillar of the Thames Freeport, a new economic zone at the heart of Europe’s largest hypermarket. It connects London Gateway to the Port of Tilbury and Ford’s world-class Dagenham engine plant.

Over the past decade DP World has invested £2bn in the UK and has plans for a further £1bn investment over the next decade, including a new £350m fourth berth at London Gateway which will increase capacity by a third when it’s done next year. This investment is a catalyst for the regeneration of some of the UK’s most deprived areas. The construction of the new fourth berth will secure 1,000 jobs, and the fast-growing logistics park will employ 12,000 people after its completion in five years. Source: DP World

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