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January 3, 2022

Port Authority of Valencia unveils $1.25bn investment plan through 2025

The 2021-2025 investment plan aims to make the port facilities more competitive and effective.

Port Authority of Valencia (PAV) in Spain has unveiled a €1.098bn ($1.25bn) investment plan for the period 2021-2025 focusing on sustainability and fuel growth.

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The plan includes €27.4m for a new passenger terminal in the Port of València.

An additional €397m is expected to be invested for the northern container terminal, €100m will be allocated for railway and road accesses, and €56.4m for city-port actions.

Over €60m will be invested in alternative energy projects such as an electrical substation, solar panels and wind power.

In the Port of Sagunto, more than €50m is expected to be spent on railway accessibiity. PAV allocated €19.5m for the generation and conditioning of berths and surfaces in the Muelle Centro 2 and Dique Norte and €8.5m for the integration of the north area and the jetty stand out.

Furthermore, PAV will invest €14.5m in the works on the Serpis 2 quay; €2.8m in the dredging of the port entrance and another €2m for the actions related to the Port of Gandia.

The investment aims to make the port facilities more competitive and effective. It is also expected to generate wealth and employment in the area.

PAV said: “The PAV Investment Plan, validated by the Ministry of Transport, Mobility and Urban Agenda through Puertos del Estado, will undertake projects to consolidate Valenciaport as a strategic hub in the Mediterranean, through which 41% of goods enter and leave Spain by sea, and which will close the 2021 financial year with an increase in total and container traffic, in a sector, maritime transport, which will continue to grow in the coming years.”

PAV manages three state-owned ports of Valencia, Sagunto and Gandía.

In January 2017, PAV unveiled a business plan to invest more than €233m to upgrade the three ports until 2020.

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How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

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