Zeeland Seaports and Dow Benelux have formed a joint venture to sell a site at Terneuzen port in the Netherlands for the development of a high-grade industrial maintenance park for the technology industry.

Zeeland Seaports and Dow Benelux have formed a joint venture to sell a site at Terneuzen port in the Netherlands for the development of a high-grade industrial maintenance park for the technology industry.

Maintenance ValuePark (MVP) will arise in the heart of Western Europe’s largest chemical cluster in the Dutch-Flemish delta. The site, next to the southern entrance and exit of the Westerschelde tunnel in Zeeland, borders on one of Dow's largest chemical sites outside the US.

The MVP is an initiative between several companies active in the maintenance and technology-based industry, the municipality of Terneuzen, the port company Zeeland Seaports and a number of training institutes.

The development will include a high-grade, multi-tenant office building with Dow Benelux as the long-term anchor tenant; large and small-scale workshops and open-air storage space; and a distribution centre.

JLL is advising the joint venture - Valuepark Terneuzen - on the sales process of the development and realisation of the new industrial park.