Plans to build a new docks in the Port of Dover have been backed with a £90 million bank loan.

The Royal Bank of Scotland has thrown its weight behind the Western Docks Revival, a new cargo terminal set to create 600 jobs and protect another 140 when it opens in 2019.

The £120 million project is the port’s biggest ever single investment and will include a distribution facility and community leisure space.

Contractors Graham have started work on the scheme, which will also feature a new marina and a piazza.

Port of Dover chief executive Tim Waggott said: “We need investment from other sources to be able to meet our ambitions for the Dover Western Docks Revival project and are delighted that RBS have the confidence in the port, and our vision for Dover, to provide us with this financial assistance to continue to move forward towards completion.”

John Redfern, head of corporate South East at RBS, added: “It’s fantastic to be able to support a development that will have such a positive impact for the local community and builds Britain’s maritime heritage and trade globally.”