EU investment for Rome ports

This financing package will allow the port authorities at Civitavecchia to complete work already started This financing package will allow the port authorities at Civitavecchia to complete work already started

The European Investment Bank has approved loans for the financing of total of €195 million for expansion activities at Roman ports reports Dag Pike

The cash is to be used for the expansion of the port of Civitavecchia and for the construction of a new terminal at the adjacent port of Fiumicino and expansion at the southern port of Gaeta. This is the largest loan awarded by the EIB to a port authority in recent years, the port authority said.

This financing package will allow the port authorities at Civitavecchia to complete work already started on the port which will include the completion of work on the ferry docks and the extension of the breakwater as well as related road connections. Civitavecchia is a major cruise ship port because of its proximity to Rome as well as a ferry terminal for ferries to Sardinia and in recent times the port facilities have come under increasing pressure for berthing space. A recent expansion at the port was to convert the outer breakwater that runs parallel to the coast into a major cruise ship terminal that allow more the six large cruise ships to berth at the same time.

The port authority covers the adjacent ports of Fiumicino and Gaeta as well Civitavecchia under the Porti di Roma banner and at Fiumicino, located at the entrance of the River Tiber, the developments will include the construction of a new fishing dock to relive pressure on the fishing port inside the river entrance and the first phase of the new terminal intended for ferries, RoRo and cruise ships. This development will include the extension of the pier at the river entrance being extended to create a breakwater for the new port. Located close the major airport in Rome the new ferry terminal will provide direct transfers between the airport and the ferry.

At Gaeta, in the south of the region, dredging will deepen the approaches to the port from 10 to 12 metres and the spoil will be used in the creation of an expansion of the north terminal to cope with an increase in agricultural products traffic as well as a container terminal. This development will add 80,000 square metres to the existing quays bringing the total to 160,000 square metres

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