The Port of London contributes £3.4bn to the economy each year, according to a new study.

The Port of London Authority’s (PLA) economic impact report says more than 70 independently owned terminals and facilities, which handle in excess of two million tonnes of forest products annually, generate more than 35,000 jobs. The Port of Tilbury is the UK’s largest container port for timber and paper.

Planned port investment during the next five years is estimated at £769m.