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A ceremony for the new concession at the PSA Venice Container Terminal in Venice

This morning, during the Europe America Management meeting of PSA International Pte Ltd, a semi-annual gathering of the Group’s CEOs, Terminal Directors, and other executive managers, a ceremony was held to celebrate the new concession for the PSA Venice – Vecon container terminal. The concession was approved by the Management Committee of the North Adriatic Sea Port Authority (AdSPMAS) on June 1st.

The ceremony was attended by President Fulvio Lino Di Blasio and Secretary General Antonella Scardino, as well as the General Manager of PSA VENICE-Vecon, Daniele Marchiori. Also present were Marco Conforti, President of PSA Italy, and Roberto Ferrari, CEO of PSA Italy. In addition, the event was graced by the presence of Enterprise Growth CEO Ng Hak Sen Vincent, CFO Dirk Storm, and most notably, PSA’s Regional CEO, David Yang, who recently celebrated the 30th anniversary of SECH.

PSA will invest 78.6 million euros, of which over 55 million euros will be dedicated to the acquisition of new equipment, revamping existing cranes, and investments in new quay cranes.

“This achievement comes at a critical phase of transition towards a renewed concession system, and it marks a new beginning for our port, the city of Venice, the Veneto region, and the entire Northeast. We are also proud to collaborate with a global company that is actively committed to sustainability and the green transition,” stated President Fulvio Lino Di Blasio during the ceremony.

President of PSA Italy, Marco Conforti, also expressed satisfaction with the result.