News / Port of Dover Western Dock expansion project secures £200m finance package

An artist's impression of the Dover Western Docks project

A consortium of leading British and European lenders has agreed a £200m package of loans to support Port of Dover’s flagship capital building programme.

The Dover Western Docks Revival project will create a purpose-built cargo and logistics facility at the port, which currently handles up to £119bn of UK trade each year.

Allianz Global Investors has agreed to provide a £55m private placement bond; RBS and Lloyds Bank will each provide a £35m revolving credit facility; and the European Investment Bank has confirmed ...