Private sector cash needed for Valencia expansion
The northern expansion of the Port of Valencia, in Spain, will only go ahead if the private sector can stump up €400m of investment capital, says the port authority Autoridad Portuaria de Valencia (APV), or Valenciaport.
This finance is needed to create the new quays and container terminals. To date, the APV has not issued the necessary tender for this work as it wants to be sure of interest from the private sector.
As part of its business plan, the APV would fund around a quarter of the necessary resources, while shipping lines or unidentified Asian investors would need to provide the remaining 75%.
LATEST PRESS RELEASES
Long-term commitment guarantees JLT rugged computers validation for use with all major releases of t... Read more
TTS Group ASA ("TTS") announced on 8 February 2018 that the company had entered into an asset sale a... Read more
MacGregor, part of Cargotec, announced on 8 February, 2018 that it has entered into an agreement to ... Read more
LiSIM Simulator for Port Nelson in New Zealand Read more
The online tool announced upgrades to functionality for working with BAPLIE files, providing increas... Read more
December 2018 OPCSA successfully migrated its operation to NAVIS N4 and at the same time went live w... Read more