PLA Investment Plan Unveiled

The Port of London Authority (PLA) has launched an Investment Plan aimed at accelerating delivery of the goals in the Thames Vision and diversifying the PLA’s income streams.

The plan is to target three broad categories of investment: commercial investments supporting river/port use; long term investments with a long payback period, which also deliver public benefits; and public benefit investments, with no financial return expected.

The Thames Vision is a 20-year development framework for the river, created with stakeholders over 18 months from early 2015 to mid-2016.

The first investment under the new PLA approach will be in partnership with CEMEX UK.

CEMEX’s Marine Director, Laurence Dagley, commented: “This type of investment approach is ideal for us. We are already making substantial investments in a new dredger, giving us increased capacity over existing dredgers, so we welcome the opportunity to partner with the PLA which will assist us in another part of our marine dredging operations, by improving cargo handling at our site on the Thames.

The PLA Investment Plan can be found on the PLA website.

 

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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