A new multi-deck trade vehicle terminal at the Port of Southampton, on England’s south coast, has been opened to help meet extra demand for exporting British-built cars overseas.
The new infrastructure at the port was unveiled this week by Business Secretary Vince Cable.
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The fourth terminal comes as part of a major investment by Associated British Ports (ABP) in the expansion of its vehicle export facilities to accommodate the large amount of vehicles being shipped to overseas markets, particularly China.
Last year UK automotive exports were up 15% at an all time high of GBP29.5bn in cash terms. ABP also announced a further GBP7.5m investment to construct a fifth multi-deck trade vehicle terminal at the port.
Vince Cable said: “The British car industry is a great success story and our increasing exports are proving a boon for the Port of Southampton – the opening of a new vehicle terminal along with provisional funding from the Regional Growth Fund for the City of Southampton’s infrastructure will allow further growth for the future.”
