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The Port of Copenhagen

THE FREE PORT The entire Free Port territory (more than 200 acres) is surrounded by a barrier, only allowing communication by water and through a number of gates guarded by Customs officials. All foreign goods are exempted from payment of Customs dues as long as they remain within the confines of the Free Port. All imports which are prevented from entering private warehouses in Denmark on account of existing currency (Valuta) restrictions can be stored without any formalities by the Free Port Company. There is a minimum of official interference on account of the absence of Customs dues in the Free Port and conse­ quently loading, discharging, repacking and transhipment are rendered cheap and easy. Thanks to the ideal construction and location of the warehouses, and the extensive use of the most up-to-date machinery and mechanical devices, unloading and tranship­ ment of cargoes are accomplished in a minimum space of time, thus making the Copenhagen Free Port not only the cheapest but also the quickest port of call in the North of Europe. The Free Port and its later extensions were built by the Port of Copenhagen Authority, which now holds an interest of 21.5 Million Kroner in the undertaking. “Kobenhavns Fri- havns-Aktieselskab“ (The Copenhagen Free Port Company, Ltd.) which operates the Free Port on a concession, has itself defrayed the cost of building the warehouses, cranes, rail­ way-tracks and other equipment. The total capital invested in the Free Port approximates 40 Million Kroner. The profits of the company are shared with the Port Authority according to certain specified rules, and the Port Authority exercises a controlling influence on the policy of the company.

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