Port Authority of Valencia to upgrade facilities
The Port Authority of Valencia is set to invest a total of €233m (US$246m) by 2020 to upgrade its three ports.
The investment plan, which regards the three state-owned ports of Sagunto, Valencia and Gandia, includes €56m (US$59m) expected to be spent in 2017 and over €177m (US$187m) planned to be invested between 2018 and 2020.
At the Port of Valencia, the port authority will invest a total of €35m (US$37m) this year, of which €25m (US$26m) will be spent on projects including the construction of new berths.
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