Special economic zone at the logistics and distribution centre

19.05.2006

Intensive work is underway at the Port of Gdansk to build the biggest deepwater container terminal in Poland. The investor is the company DCT Gdansk SA. At a cost of about EUR 190 million, a terminal will be constructed, with a target annual throughput of 1 million TEU. The first container carrier is expected to call in 2007.

In February 2005, DCT Gdansk SA, the Port of Gdansk Authority SA and the City of Gdansk expressed their intention to set up a state-of-the-art logistics and distribution centre adjacent to the Northern Port. The centre will provide services to the container terminal as well as to the projected car and ferry terminals.

Included in the establishing of the centre was the Pomeranian Special Economic Zone Ltd. In the wake of the hitherto cooperation, on 18 May 2006, at the City Hall in Gdansk, another letter of intent was signed concerning the construction of a logistics and distribution centre in the Port of Gdansk. Its signatories include the Port of Gdansk Authority SA, DCT Logistics Ltd, the City of Gdansk and the Pomeranian Special Economic Zone Ltd. The letter expresses the will to develop the investment project on an area of around 134 ha (this area currently belongs to the Municipality of Gdansk) and establishes on the centre's entire area or its part a special economic zone pursuant to the Act of 20 October 1994 on special economic zones. It will enhance, to a great extent, the attractiveness of investment in developing the centre, the establishing of which will bring 5,000 new work places. Within three months, the parties will prepare resources necessary to agree the detailed conditions for cooperation.

The letter of intent was signed by: Pawel Adamowicz, Mayor of the City of Gdansk, Andrzej Kasprzak, President of the Board of the PGA SA, Wlodzimierz Ziolkowski, President of the Pomeranian Special Economic Zone Ltd and Robert Sinclair, CEO of DCT Logistics Ltd.