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Gioia Tauro: investment or loss of concession

Gioia Tauro - “In 2017 the Port of Gioia Tauro recorded a 16% volume drop and this year will experience a further 6% drop; It’s no longer possible to continue this way, we need a breakthrough . ” This was said by Italy’s Minister for Infrastructure, Danilo Toninelli, on a visit to the port of Gioia Tauro

Gioia Tauro - “In 2017 the Port of Gioia Tauro recorded a 16% volume drop and this year will experience a further 6% drop; It’s no longer possible to continue this way, we need a breakthrough . ” This was said by Italy’s Minister for Infrastructure, Danilo Toninelli, on a visit to the port of Gioia Tauro. “Concrete commitments were in place, - he added, - but they’ve not been honoured. In recent weeks we’ve met with representatives of companies operating here and issued a clear ultimatum: if within a month procedures aimed at raising volumes are not put into operation, and if they still don’t make good on commitments made in previous years, we will step in and begin a gradual withdrawal of concessions. There’s no other alternative, there are many investors knocking on the government’s door, and if those who are already here, and have concessions, do not want to comply with the investments promised, then, naturally, we’ll gradually revoke those licences and give them to others. ” According to Toninelli, “Gioia Tauro is a strategic gateway for the development of logistics, although it’s necessary to improve the rail network to ensure that, as a minimum , 750 m - long train convoys can operate from here. ”

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