The municipality of Rotterdam and the cabinet have reached agreement on the financing of the Second Maasvlakte. Today, in The Hague, the parties will sign a Â'memorandum of agreementÂ'.
This contains agreements concerning the financing, the conditions and the subsequent steps in the Rotterdam Mainport Development Project. Those present at the signing ceremony will include transport minister Tineke Netelenbos, Ivo Opstelten, the Mayor of Rotterdam, and alderman of the port, P. van Dijk. At the end of last year, the cabinet decided that construction of the Second Maasvlakte should be divided into phases. Mayor Opstelten used the occasion to urge that agreement on the matter of financing be reached as quickly as possible.
(source: Port of Rotterdam)