The terminal was constructed as part of the London Gateway Project, which also included the construction of Europe’s largest logistics park adjacent to the terminal. DP World acquired the London Gateway Plan in 2006 from P&O for £3.92bn ($7.3bn). The two facilities were built on the site of a former Shell oil refinery in Essex. Construction work on the £1.5bn ($2.43bn) terminal project began in 2010. It was privately financed by DP World. The two facilities together have generated approximately 12,000 direct jobs and more than 20,000 indirect jobs.
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