New Report on Port of London
A new report highlights the major economic contribution of the Port of London to the capital and the surrounding regions, revealing that the Port generates over 35,000 full-time jobs and contributes £3.4 billion to the economy each year.
The study was commissioned by the Port of London Authority (PLA) and carried out by independent consultants SQW Limited. Underlining the positive impact on regional economies of the Port of London and related shipping and marine activities, the report highlights:
- 30,306 people employed directly in Port of London terminals and in related shipping activities and services (another 5,000 jobs are created indirectly)
- £3.41 billion gross value added annually to the London and south east economy
- Planned investment in the Port of London over the next five years estimated at £769 million (£1.3 billion in next ten years)