Sweden’s ports are planning to invest SEK 18 billion in infrastructure in the coming years to meet the demands placed by larger vessels. Between 2000 and 2017, cruise ships and container vessels have doubled in size, according to government agency Transport Analysis.
Both the Port of Gothenburg and the Port of Luleå are investing considerable sums: In Gothenburg work has already begun to build a new port terminal at a cost of some SEK 4 billion. A similar sum is to be invested to deepen the fairway into the port.
The Port of Luleå intends to invest SEK 3.2 billion to connect the port to the iron ore line (Malmbanan), cutting freight costs by 40 per cent. “This will create excellent conditions for basic industries (such as SSAB and LKAB) to deliver goods at competitive prices,” says Henrik Vuorinen, the CEO of the Port of Luleå.
At the beginning of June Infrastructure Minister Tomas Eneroth presented the government’s infrastructure plan, revealing that the state would invest SEK 1.25 billion in the project to deepen the fairway into the Port of Gothenburg. The state is also investing in the Port of Luleå.
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