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📄 Extracted Text (512 words)
To: David Ste
From: Jeffrey Epstein
Sent Mon 8/3/2009 5:29:23 PM
Subject: Fwd:
Forwarded message
From: Sultan Bin Sulayem
Date: Thu, Jul 30, 2009 at 8:43 AM
Subject:
To: [email protected]
Dear Jeffrey
Just to refresh your mind on our project in London
Sultan
London Gateway
• UK' largest inward investment infrastructure project £1.8 billion
• One of the UK's largest job creation opportunities, 44,000 sustainable jobs including 6.000 construction jobs in the
short to medium term
• Will add £3.8 billion to UK GDP per annum
• UK treasury will earn £4.4Billion at Zero risk in the period it takes DP World to earn its pay back, 17 years (well
beyond our normal investment criteria)
• 100% commercial risk rests with DP World.
• London Gateway will be a significant national asset, a unique logistics platform in the heart of the Thames Gateway (the
UK's biggest regeneration zone)
• Largest logistics park in Europe. Bringing the UK's supply chain in to the 2lsy Century, taking 700,000 trucks off
national roads and 70,000 tons of CO2 every year.
• On the global stage, the UK is now unattractive as a country to invest in due to additional burden required to fluid assets
not owned by DP World.
• DP World penalized for creating a national improvement.
• The Project is now on hold
Solution
• DP World still committed to investing £168 million into off-site infrastructure that will connect to national
infrastructure. We would like UK Government support to fund this immediate of site infrastructure.
• UK government to invest £ 144 in to its own national infrastructure, off site to London Gateway.
• Since banks are not very optimistic on UK economy UK Govt to support/Guarantee the debt.
• HMG will fear this will create a dangerous precedent. This is not the case. DP World will still pay for immediate off site
infrastructure (with Government support in place for the funding of this). DP World has significantly changed and
EFTA_R1_00189546
EFTA01817654
improved the traffic assumptions since the Public Inquiry in 2004 when the Project was under P&O ownership. London
gateway will have less than 5 % impact on key infrastructure such as the M 25 and therefore NOT trigger any holding
requirement by the Promoter,DP World.
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EFTA_R1_00189547
EFTA01817655
ℹ️ Document Details
SHA-256
2ffb8d47485d5641900e8a9032348176b3478ae2868abaef734c3fce779cd296
Bates Number
EFTA01817654
Dataset
DataSet-10
Type
document
Pages
2
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