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Intesa Sanpaolo Launched Finance Programme With AdSP Del Mare Adriatico Settentrionale (Venice)

Intesa Sanpaolo launched finance programme with AdSP del Mare Adriatico Settentrionale (Venice)

Venice, Italy (PortSEurope) August 2, 2021 – Intesa Sanpaolo has signed an agreement with Autorita’ di Sistema Portuale del Mare Adriatico Settentrionale (AdSP – Northern Adriatic Sea Port Authority) for the development of port activity and its local economy. Intesa Sanpaolo has started a programme called Motore Italia which will support small and medium-sized enterprises both to overcome the difficult phase caused by the pandemic
crisis and to relaunch themselves through development and growth. This is in line with the future objectives of the National Recovery and Resilience Plan. In particular, the agreement has among the objectives the drive to resume sustainable 4.0 investments of small and medium-sized enterprises and growth through the use of extraordinary finance and digitalization, promoting and supporting national and territorial structural projects, individual entrepreneurial development programs and in the supply chain and initiatives with a high economic and social impact that can attract investors. The following activities are planned: support companies with criteria oriented to the principles of ESG – Environment, Social & Governance and Circular Economy;implementation of initiatives aimed at the development and promotion of innovation;support for the creation of new businesses and growth;promotion of structured forms of collaboration in supply chain networks of small and medium-sized enterprises and micro-enterprises, favouring access to the Intesa Sanpaolo Supply Chain Program;promotion of new investments to attract reshoring activities;managerial training in companies starting from the aspects of finance management;encourage and support investments, including foreign ones, which can generate new opportunities for economic and social development of the territory;promoting welfare and impact banking initiatives from a Corporate Social Responsibility (CSR) perspective. From what emerges from research carried out by SRM – Studies and Research for the South, the maritime sector in Veneto is of strategic importance, with 3 billion euros of added value. The industries of the region generated an import-export by sea of ​​over 22 billion euros in 2020. Consider that this figure represents 30% of the total interchange of the territory and this indicates how the production system is highly dependent on maritime logistics and ports. The region boasts a number of companies working in the freight logistics sector equal to about 10 thousand units and employing 82,800 thousand workers. The impact of the pandemic was also significant in the freight segment; as regards the 3 months of 2021, the airport handled 5.5 million tons (down by -4.9% on 2020); good recovery of solid bulk which stood at + 10.5% and with cereal and steel products to score respectively + 17.4% and + 31.8%. Container traffic is important, which in 2020 totaled almost 530,000 TEU; in the first three months of the year, 123,000 TEU were exceeded. “Moving within the objectives of the National Recovery and Resilience Plan, we signed this important agreement with AdSP which aims to give further new impetus to the Veneto port system and the local economy that derives from it, aiming to increase its attractiveness and development”, explained Francesca Nieddu, Veneto East and Friuli Venezia Giulia Intesa Sanpaolo regional director. “We provide new credit for a billion and a set of operational supports, such as the supply chain development program, to accelerate the relaunch together with the territorial system, with a commitment aimed at a sustainable future from an economic, environmental and social point of view”. “The signed Agreement represents a first important step in the direction of creating opportunities and tools that enable the development of the port and its rear port, as it promotes an important collaboration platform on vertical issues of a strategic nature for the Port System Authorities in general and for that of Venice and Chioggia in particular”, declared Fulvio Lino Di Blasio, president of AdSP. “The areas of collaboration range from the promotion of innovation (including digital), to investment attraction (I am also thinking of the ZLS), to subsidized finance and the promotion of sustainable development, issues on which this body is increasingly busy”. Source: Autorita’ di Sistema Portuale del Mare Adriatico Settentrionale (AdSP – Northern Adriatic Sea Port Authority) Copyright (C) PortSEurope. All Rights Reserved. 2021.

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