Company chiefs added that the expansion would create a further 400 permanent new jobs, in addition to the 1,200 currently employed at the site, a former oil refinery, with DP World’s total investment at London Gateway heading over £3 billion.

DP World has unveiled plans for a £1bn ($1.30bn) expansion of London Gateway, helping it become the UK's largest container port within the next five years. The expansion includes the construction of two new shipping berths and an additional rail terminal,

DP World had threatened to cancel the announcement after Transport Secretary Louise Haigh described its subsidiary as a "cowboy operator."

Logistics giant DP World confirmed it would invest £1bn into its London Gateway port at Labour’s investment summit on Monday – only days after causing disarray among ministers with rumours of a delay to the project.

Global logistics giant DP World has today announced a £1bn expansion of London Gateway, after threatening to pull the deal last week, after two government ministers criticised the employment practices of its subsidiary P&O Ferries.

DP World is investing £1bn to expand London Gateway, aiming to make it Britain’s largest container port within five years. The project includes two new shipping berths and a second rail terminal to boost trade

On Sunday, business minister Jonathan Reynolds said the investment was going ahead after talks with the Dubai-based company.

LONDON: DP World Ltd reversed its decision to pull out of a UK government investment summit last Monday and is announcing a £1bil (US$1.3bil) investment in its London Gateway port that will create 400 jobs.

London container port to get two new containership berths and a second rail terminal to handle increased throughput.

Global ports operator DP World will invest £1 billion ($1.3 billion) to expand its London Gateway container port, making it Britain's largest within five years and “significantly” increasing the volume of trade at the seaport.