EU to Support Inland Waterway Improvements in Northern Italy
- Business & Finance
The European Union is set to support with €4 million from the TEN-T Programme adjustment works on the Ferrarese waterway, in order to improve the economic efficiency and competitiveness of inland navigation in the region.
The project, selected for funding under the 2012 TEN-T Annual Programme, aims, within the framework of the Mediterranean corridor, to enhance the fairway conditions and capacity of the Ferrarese Waterway to class Va (a waterway capable of accommodating vessels of between 1,500 and 3,000 tonnes and up to 110 metres in length), which links the Po river to the Adriatic Sea at Porto Garibaldi.
Porto Garibaldi is a strategic hub for the exchanges between the East Mediterranean and the Black Sea.
Specifically, the funding will contribute to works to adjust the existing section of the Pontelagoscuro basin along the Boicelli up to Po di Volano and strengthening the link with the Port of Ravenna through the connection to the sea in Porto Garibaldi.
Press Release, February 18, 2014