€1bn green investment

The Business Plan of the Port Authority of València (PAV) 2021-2025 sets out how the port will achieve this goal which includes building an electrical substation, photovoltaic plants in València and Gandia and a wind power installation programme.

Valènciaport is a strategic Mediterranean hub, home to 41% of Spain’s sea imports and exports.

The PAV Investment Plan details plans for the continued modernisation and growth of facilities alongside a commitment to greener energies.

Clean spending

Green spending planned for the Port of València include €397 million for the northern container terminal, €27.4 million for the passenger terminal, €100 million for railway and road access and €56.4 million for city-port actions.

At the Port of Sagunto, €50 million will be invested in railway accessibility. Berths and surfaces in the Muelle Centro 2 and Dique Norte terminals will be improved and €19.5 million and €8.5 million invested in the integration of the north area and jetty respectively.

The PAV also specifies a €14.5 million investment in works on the Serpis 2 quay, €2.8 million in the dredging of the port entrance and €2 million for actions linked to the competition of ideas for the Port of Gandia.