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Trieste Port Signs Agreement With China Communications Construction Company

Trieste port signs agreement with China Communications Construction Company

Trieste Port Signs Agreement With China Communications Construction CompanySource: Adriaports

Trieste, Italy (PortSEurope) March 25, 2019 – Autorita’ di Sistema Portuale del Mare Adriatico Orientale (AdSP – Eastern Adriatic Sea Port Authority) and state-owned China Communications Construction Company (CCCC) have signed an agreement to develop the port’s infrastructure and increase the possibilities of access for products of small and medium-sized Italian companies in Chinese markets.

In the presence of the heads of state of Italy and China, the president of the AdSP Zeno D’Agostino and the leader of the Chinese CCCC group Song Hailang formalized an agreement about the railway infrastructure in the port region of the Eastern Adriatic Sea, in particular the new Servola stations and Aquilinia, part of the “Trihub” project, the integrated system reinforcement plan railway infrastructure in the area between Cervignano del Friuli, Villa Opicina and Trieste, developed in collaboration with the Italian rail network operator RFI.

The agreement will increase of the influence of the port of Trieste both in Central Europe and in the Chinese maritime markets, and allow the AdSP to explore new opportunities related to the CCCC project for construction and management of the large intermodal terminal in Kosiče (Eastern Slovakia). The agreement will also allow both parties to evaluate collaborations for projects logistic-industrial in China with the aim of facilitating logistics flows and trade.

“With this agreement”, said D’Agostino, “we are aiming to organize the logistics of the port. Our commitment is to support the exports to China and the Far East of our SMEs, which do not have the appropriate size to deal with this type of investment. The AdSP will enable Italian companies to develop in Chinese logistic and port platforms that allow the “Made in Italy” strategy to develop in China.”

With this agreement, the port of Trieste assumes a role in the Belt and Road Initiative initiative – the new Silk Road.

Source: Autorita’ di Sistema Portuale del Mare Adriatico Orientale

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