Billion Dollar German Seaport Project Completed
BERLIN and ATLANTA, Georgia, September 28, 2012 /PRNewswire/ --
Supply chain and logistics businesses set to profit, say Germany Trade & Invest experts at this year's Council of Supply Chain Management Professionals (CSCMP) Conference in Atlanta
After nearly a decade of planning and construction, one of Germany's largest infrastructure megaprojects is now complete. The JadeWeserPort in Wilhelmshaven opened last week to jumbo container ships. Germany Trade & Invest experts will be on hand at this year's CSCMP Annual Global Conference from September 30 - October 3 in Atlanta to share the significance of this development and highlight business opportunities in Germany.
"The opening of JadeWeserPort marks yet another contribution to Germany's outstanding air, road, rail, and sea transport infrastructure. Supply chain, logistics companies and other businesses based in Germany can benefit from short shipping times and decreased transport costs. We expect interest among foreign investors to further increase as a result, despite turbulence in the European market," states David Chasdi, logistics expert at Germany Trade & Invest in Berlin.
Over one billion dollars were invested in the project, which will ensure Germany's handling of jumbo container ships well into the future. As the most easterly deep-sea port in northern Europe, JadeWeserPort is expected to handle goods in particular to and from Scandinavia, the Baltic States and Russia. Massive container and feeder ships can be dispatched at one terminal with no entrance locks or tidal constraints, creating a significant advantage in time and cost for the supply chain and logistics industry and their customers.
Germany's transport infrastructure is consistently ranked among the world's best. Recent studies confirm that only Hong Kong and Singapore can compete with Germany's world-class network of road, rail, sea, and air connections. Executives across a number of industries regularly cite this as an advantage to doing business in Germany.
Germany Trade & Invest is the foreign trade and inward investment promotion agency of the Federal Republic of Germany. The organization advises foreign companies looking to expand their business activities in the German market. It provides information on foreign trade to German companies that seek to enter foreign markets.
SOURCE Germany Trade and Invest