Port with historical roots becomes a new Nordic logistics hub
The Port of Gothenburg and Castellum have partnered to develop the Halvorsäng district into a leading logistics hub in the Nordic region. Warehouses will be constructed here that can sustainably process cargo from around the world for further transport across Scandinavia by truck or train.
The Port of Gothenburg is the largest in Scandinavia. It has been a port to the world since the 1600s. It was from here that porcelain from Asia reached the Swedish market in the 1700s, and in the 1800s it was here that some 100,000 Swedes left the country during the wave of emigration to the US. The Port of Gothenburg was also the recipient of the first bananas to reach Sweden in the early 1900s. Nearly 30% of Sweden’s foreign trade passes through the Port of Gothenburg today, and over 50% of all container management takes place here.
Port of Gothenburg and Castellum form a joint development company
To improve the attractiveness of Gothenburg in an increasingly globalised world, Gothenburg Municipality has allowed the wholly-owned Port of Gothenburg to produce plans for the development of a logistics park to strengthen Gothenburg as a cargo hub. In June 2021, the Port of Gothenburg signed an agreement with Castellum to start a joint development company for logistics properties in Halvorsäng, adjacent to the port.
The co-owned company will develop and construct logistics properties, and thereafter own them jointly. The Port of Gothenburg will contribute 270,000 square metres of land valued at MSEK 800–900, while Castellum will invest up to SEK 1 billion over the coming years. Start of construction is planned for the second quarter of 2022. Completion of the area is planned within four years.
Castellum is climate-smart and best in business
Jill Söderwall, Vice President Business Areas at the Port of Gothenburg, said in an interview with industry publication Dagens Industri that Castellum had been selected as partner in an open competition. Castellum’s selection was due to a combination of the company’s ambitious climate targets and its good business sense, Söderwall said.
Nearly 30% of Sweden’s foreign trade passes through the Port of Gothenburg today, and over 50% of all container management takes place here.