Tim Morris, CEO of the UK Major Ports Group, has commented on the 26 September announcement by the UK government of winning bids for the Port Infrastructure Resilience and Connectivity (PIRC) Fund.
He stated: “Today’s announcement demonstrates how ports all around the coast are stepping up to prepare for Brexit and providing UK businesses with a range of choices for trading with the EU. The projects that the grants announced today will fund are not a silver bullet for potential Brexit disruption but are the latest stage of preparations that have been underway for some time. The key message to British business must be ‘get ready for Brexit’ regardless of the political debate – understand your supply chains, think about your alternatives and register for the formalities to trade internationally.”
Morris added: “The announcement of funding to accelerate a number of road and rail connectivity schemes is welcome. Making sure that the UK is giving itself the best chance in global trade starts with how well our ports – which handle 95% of the UK’s international trade – are connected to the rest of the economy. Today’s announcement is a step forward, but this needs to be part of an ongoing programme of port connectivity improvement.”
Read the article online at: https://www.drybulkmagazine.com/ports-terminals/26092019/ukmpg-comments-on-governments-pirc-fund-announcement/