The Port of Valencia, Spain is to invest almost US$1.25 billion over the next five years.

The Port of Valencia, Spain is to invest almost US$1.25 billion over the next five years. The port has announced its new Business Plan 2021- 2025 with this focusing on sustainability, innovation, accessibility and digitalisation across its facilities in Valencia and Sagunto. Investment in container handling will support continued growth in Valencia. For the January to end of November 2021 period, the port handled over 5.16m TEU.