The construction of the Hungarian port has begun at the Adriatic Sea in Trieste, Italy, announced Levente Magyar, Parliamentary State Secretary of the Ministry of Foreign Affairs and Trade.
The construction of the port, set to be operational by 2028, will facilitate Hungarian cargo exports. Work will begin with the construction of a large section of the seawall and a 50,000-cubic meter filling on Hungarian state-owned land in northern Italy, as stated by Levente Magyar during his visit to the construction site.
According to Magyar, in the first stage, a 250-meter stretch of coastline will be built, to be extended by about 400 meters, giving Hungary a total of 650 meters of coastline on the Adriatic.
Furthermore, local reports state that the area was acquired by the state for 31 million euros under a 60-year concession agreement. The Hungarian government has entrusted the development of the seaport to Adria Port Zrt., a commercial enterprise fully owned by the Hungarian state.
An area of 30 hectares is also available for development, where a logistics center will be built, including the facilities needed for maritime operations.
Hungary exports cargo worth around 60,000 billion forints (150 billion euros) every year, with the majority of them leaving Europe by sea.
…said Levente Magyar.
The State Secretary stated that that he held important talks with representatives of the Italian government, including the Deputy Minister for Infrastructure and Transport, Edoardo Rixi.