EUROPE

SETBACKS SETUBAL

The Setubal Port Administration has embarked on a privatisation process that flies in the face of the widely anticipated benefits of a more competitive and lower cost operating environment.

The EU funded 73% of the development cost of the Setubal multi-purpose terminal. Does the current privatisation programme for it represent good use of this resource?

The Setubal Port Administration has embarked on a privatisation process that flies in the face of the widely anticipated benefits of a more competitive and lower cost operating environment.

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