Malmö City is investing SEK 260 million in a continued expansion of Northern Harbour. The investment is being made with a view to forthcoming industrial establishments. ”This is a very positive decision for us and our customers”, says Johan Röstin, CEO of CMP.
The expansion will take place in stages between 2014 – 2025. Approximately 20 hectares of land will be prepared for development at a time. The expansion includes landfill, new ground facilities and new construction of streets.
”This is a very positive decision for us and our customers. We are pleased that Malmö City continues to believe strongly in CMP and Northern Harbour becoming a transport- and logistics hub in the Baltic region” says Johan Röstin.
Northern Harbour in Malmö is a 1,500,000 square metre area dedicated for port operations and transport-related industry. In this respect, Malmö City and CMP are working together to bring about an industrial symbiosis, i.e. a sustainable cycle for transportation, energy manufacture and recycling to the benefit of all the companies involved.
Derive benefit from the infrastructure
Half of the area consists of new port terminals, quays and railway installations, as well as land to be used for continued expansion of the port. The other half of the area will be used for a new logistics centre, where companies primarily within manufacturing and distribution will be able to establish themselves. The idea is that these industrial concerns will benefit from the infrastructure in Northern Harbour for their freight transportation. It is Malmö City, in collaboration with CMP, that will be responsible for land concessions for industrial establishments.
The SEK 260 million that has now been allocated is an estimated framework for the necessary investments during the period.
”There is flexibility in the investment budget. If we acquire a new customer with specific requirements – for example, for an area of land with a separate road – we can rapidly arrange this within the framework of the project. A good infrastructure on land is at least as important for competitiveness as the infrastructure at sea”, says Johan Röstin.