The Port Authority of Valencia will invest 50 million euros to improve the rail freight line between Valencia and Zaragoza; an agreed concept with Ports of the State that will be incorporated in the next Business Plan of the Port Authority of Valencia and processed through the Financial Fund of Port Accessibility.
The announcement of the investment was made this morning by the President of Comunitat Valenciana, Ximo Puig, after the meeting held in Valencia with the President of the Government of Aragon, Javier Lambán and the president of the Port Authority of Valencia (PAV) Aurelio Martínez.
The investment of the Port Authority of Valencia is in addition to the actions foreseen in the 2017 Investment Plan, which was recently closed with State Ports, which provide 31 million euros for the rail access to Sagunto (20 million euros through the Financial Fund of Port Accessibility); 4 million euros for the sidings in the stretch to Teruel, which are extended to 13 million euros for the improvement of sidings so as to allow the crossing of compositions of 750 m; And 3 million euros in 2020 for a railway station to support the Port of Sagunto. In total, almost 100 million euros.
According to the president of PAV before the two presidents of Valencia and Aragon, “the level of investment to be taken by PAV will allow an improvement in the competitiveness of the use of the line and that it becomes an operational corridor and able to serve rail freight traffic between Aragon / Valle del Ebro and the ports of Sagunto and Valencia; As well as solving the multiple bottlenecks in the road.”