Economic Impact Study of the Port of London

Client: Port of London

Between 2008 and 2015 the Port of London witnessed several major changes to the port sector including the closure of both Coryton Oil Refinery and Tilbury Power Station, as well as the development of the London Gateway deep-water port on the north bank of the Thames, in Thurrock. Alongside these changes to cargo-based activity, river passenger transport continued to increase rapidly whilst river-based leisure activity expanded.

To inform its new 2015 Vision and Strategy, the Port of London Authority (PLA) appointed SQW to undertake an Economic Impact Study of the port sector along the tidal Thames. The study was undertaken to update the findings of similar exercises undertaken for the PLA in 1993, 1998, 2003 and 2008.

The report assessed the employment and Gross Value Added (GVA) generated by the ports as well as the economic value associated with passengers, events and sports club activities. Information was also collected on proposed investment and developments, operational constraints, business trends and ways in which the PLA, local authorities and Government Departments can further support port sector businesses.

The published report can be accessed here.