Netherlands’ deteriorating investment climate worries Rotterdam port CEO

Port of Rotterdam Authority appoints new CEO

 

Port authorities in Rotterdam, Europe’s largest sea port, on Tuesday said industrial companies could take their investments elsewhere if the Dutch government failed to support them through the energy transition.

“We are very worried about the deteriorating investment climate and the competitive edge of industry in the Netherlands. The port of Rotterdam can play an important part in reaching national and European climate goals. Companies need to know where they stand,” Rotterdam port CEO Boudewijn Siemons said.

Siemons said large investments were needed in the electricity grid, to allow for a massive increase of wind and solar power, and in infrastructure around the port.

He also flagged the supply of well-trained technicians as a point of great concern.

The port on Tuesday said throughput fell by 6.1% in 2023 as slow economic growth, sanctions against Russia and tensions in the Middle East hit international trade.



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