Revolutionising trade at Romania’s port of Constanta 

At DP World, we are at the forefront of a significant project at Romania's Port of Constanta, designed to revolutionise European trade dynamics. This initiative responds to the increasing trade challenges faced by Türkiye, which has seen its exports reach a record high of $254 billion, with a significant 40% of these exports destined for the European Union. 

The conventional road route through Bulgaria has become untenable due to severe congestion and delays. Trucks often face queues up to 35 kilometres long at the border, leading to substantial time and resource losses. This bottleneck has far-reaching implications, disrupting production schedules and inflating budgets, compelling companies to turn to expensive airfreight options to adhere to deadlines. 

Compounding these challenges is Europe's truck driver shortage, with a 2022 industry report highlighting an 11% shortfall. This shortage is attributed to factors such as an aging workforce, a talent gap, and the often negative perception of truck driving as a career, characterised by long hours, demanding conditions, and extended time away from family. 

In response, we at DP World are reinvigorating the Port of Constanta to serve as a new transit hub, marking a significant shift in regional logistics. Our comprehensive upgrade includes a cutting-edge roll-on, roll-off terminal that seamlessly integrates with existing road and rail networks. This development is poised to substantially reduce the current congestion. 

The impact of this modernisation extends beyond logistics. We anticipate a surge in trade volumes, leading to increased revenue from customs and fees. This financial boost is expected to enhance public services, healthcare, education, and overall living standards in the surrounding areas, thereby enriching the social fabric of diverse communities. 

Ultimately, our renovation of the Port of Constanta is not just an infrastructural upgrade; it represents a pivotal step towards regional economic and social advancement. By addressing logistical hurdles and stimulating trade, this project reflects our dedication to improving not just the flow of goods, but also the quality of life for both local and international communities.