The PAV Business Plan contemplates investments in the three sites worth 56.19 million euros by 2017 and estimates more than 177 million between 2018 and 2020.
The PAV will invest about 13 million euros in the port of Gandia and more than 44 million in the port of Sagunto until 2020.
The main investment of 2017, 25.55 million euros, will be allocated to the generation and refurbishment of new berths in the port of Valencia.
The Business Plan approved at the last Board of Directors of the Port Authority of Valencia contemplates investments in its three ports of 56.19 million euros during 2017 and plans to invest more than 177 million euros during the period 2018-2020.
Port of Valencia
By enclosures, the Port Authority of Valencia will invest 35.44 million euros in the port of Valencia in 2017. Of these, a 25.55 million euro item stands out for the generation and conditioning of new berths and surfaces. Specifically, it is planned to invest 18.5 million euros for the dredging of the Prince Felipe and Levante docks and the improvement of the drainage of the Príncipe Felipe, Levante and transverse wharves of the coast. These actions will allow increasing the draft of the three terminals of Valencia up to a quota of 18 meters and will make the site the first of the Mediterranean to be fully adapted to serve the new generation of container ships, characterized by transporting more than 18,000 TEUs. Also, within these items, the PAV plans to invest 3.7 million for the paving of the old bulk terminal in 2017. According to the Plan of Enterprise, in addition to this initial investment, the PAV will dedicate 9 million euros more until 2020 to complete some of these works that will be developed gradually.
Regarding the improvement of accesses, the Business Plan 2017 includes 1.7 million euros of investment for actions on accessibility to the port of Valencia, including works such as the extension of the south road extension and new access to the cruise ship pier and depot.
Regarding rail, the PAV will allocate 3 million euros in 2017 for the remodeling of the railway terminal of the Príncipe Felipe Dock and its adaptation to the UIC width. This action, which will have its continuity in the UIC remodeling and adaptation of the road network between the West Pier and the Costa and Levante Docks, will require investments worth 52 million euros until 2020.