Huge investments in Gioia Tauro
After taking over 100% the shares of Medcenter Container Terminal in Gioia Tauro in April 2019, the new owner Terminal Investment Limited, the terminal branch of the Swiss carrier Mediterranean Shipping Company (MSC), has decided to upgrade the facility.
The Italian maritime information provider Informare wrote that MSC will invest EUR 50 million "to enhance the transhipment capacity of the terminal, increase the volumes managed in the Calabrian port area and raise employment levels."
Invitalia, the ministry's national economic development agency, has announced that it will support the upgrades in Gioia Tauro with a sum of EUR 6.2 million funded by the Italian ministry of economic development. Part of the investment will go into cranes, hardware equipment and operational software. (sh)