The Dover Western Docks Revival project will create a purpose-built cargo and logistics facility.
Allianz Global Investors has agreed to provide a £55m private placement bond; RBS and Lloyds Bank have each provided a £35m revolving credit facility; and the European Investment Bank has confirmed a £75m loan.
Port of Dover chief executive Tim Waggott said: “Dover Western Docks Revival is the single biggest investment ever undertaken by the Port of Dover. It will define how we operate for decades to come. Currently handling 17% of all the UK’s trade in goods, it is crucial the Port continues to evolve to meet the demands of an ever-changing political and trading landscape.
“The financial support supplied by blue chip lenders underlines the critical role Dover fulfils for UK and European economies, businesses and consumers –. A prominent role which will remain into the future post Brexit.”