Grundartangi port and industrial area
Brief description and sizes:
The Grundartangi port and industrial site is in a non-residential area on the northern shore of Hvalfjörður, 49 km from Reykjavík. The land is green and flat, a former agricultural field and totals 439 hectares, of which some 311 hectares may be developed as building sites. Additionally, 50 hectares can be created by landfills. Already there are two big companies in the area, Elkem Island having a 12.9 hectare site, and Norðurál ehf which has a 129 hectare site. Sites have also been allocated to four smaller companies. The remaining area for further development is some 160 hectares.
Associated Icelandic Ports, which is an independently operated company owned by five municipalities, one of which being the City of Reykjavík.
The area master plan shows this as a port and industrial zone. Authorities have already agreed on division planning of some 80 hectares for smaller sites. It is possible to draw up division planning at a short notice in collaboration with Hvalfjarðarsveit municipality with the sites being up to 20 hectares, as well as 50 hectares on landfills.
The price for fully prepared sites where the soil has been replaced is about 6.200- ISK per each square metre. As regards virgin land where the lease holder sees to soil replacement, the price is estimated at 3,000- ISK per each square metre. As regards operations which might be of especial interestat the larger sites, Faxaflóahafnir sf is willing to enter into negotiations about eventual prices.
Industries on site:
Elkem Island (a ferro-silicon producer); Norðurál (a primary aluminium plant).
Port rates and dues:
Very close to Grundartangi is Brennimelur, one of the most powerful electrical substations in Iceland. The most important distributors of electricity are Landsvirkjun / National Power Company (www.lv.is) and Orkuveita Reykjavíkur / Reykjavik Energy (www.or.is)
Fresh water supply:
Cold tap water may be provided to the companies on site. Water for cooling purposes is in limited supply. In the latter case, attention is drawn to making easy use of seawater for same.
Internet connection network:
There is an optical cable in the area. Further information about connections may be obtained from Mila ehf (www.mila.is).
Grundartangi area is very close to the national highway and main road and there is good access to the capital area.
Keflavik International Airport is at a distance of some 90 km with scheduled daily flights to and from other parts of Europe and North America.
Two shipping companies operate scheduled services from Grundartangi and Reykjavík to Europe and North America. A third shipping company sees to chartered sailing to and from any port.
Overall pier length at Grundartangi is 580 metres. Maximum water depth now is 14 metres. There is good storage area for containers and raw material.
Grundartangi is at a driving distance of some 30 minutes from the capital area where some 150,000 people live, and the driving distance to Akranes, which has a population of some 6,500, is about a quarter of an hour. Driving to Borgarnes (pop. 3,000) takes some 30 minutes. Many companies in the area provide services in the metal industry and other fields.
Reykjavik, May 4 2009
Gísli Gíslason, Port Director
Tel: +354 6608966