The Port Authority of Valencia (PAV) has presented its business plan for 2020-2024, setting out a total investment of €822m (US$1bn), prioritising railway projects and the development of environmentally sustainable infrastructures.
The plan, which has been approved by Puertos del Estado, features €552m (US$675m) corresponding to new projects while the remained relate to developments that are already underway.
Aurelio Martinez, president of the PAV, said that the projects planned for the ports of Valencia, Sagunto and Gandia will “make them more competitive, efficient, innovative and intelligent under the common umbrella of the port community”.
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