Impact Investing
Naples Port Modernization: €1 Billion Investment Targets Growth, Sustainability, and Zero Pollution
Investing nearly €1 billion, Annunziata highlights port modernization, environmental goals, and pandemic recovery, with Naples nearing 10M passengers and growth in cargo. He envisions zero pollution through sustainability and streamlined bureaucracy. National ZES initiatives aim to attract investments via simplicity, boosting port success and jobs while fostering institutional harmony for rapid development and economic progress.
“We are at the end of 2024 and we are thinking about the budgets of the port of Naples, which is working intensely and simultaneously and sees investments of almost a billion euros for the modernization of our ports.” This is what was declared by Andrea Annunziata, president of the Central Tyrrhenian Port Authority, on the sidelines of the initiative The ports of tomorrow in Naples.
Pollution to be lowered to almost zero in the Naples Port
Annunziata said that investments are important for programs on environmental protection and safety: “We are succeeding, with the commitment of almost one billion euros for the modernization of our ports and the Naples port. We are respecting all the deadlines and there is great confidence from Europe and the national government, we continue to grow even more than the records of last year. This year we are recovering all the years of the pandemic, reaching almost 10 million passengers, on which we are second in the world in terms of ports in this sector, and we are also growing with goods, with containers, in a sector that provides thousands of jobs but at the same time cannot afford to pollute.”
The president also expressed the ambitious desire to lower pollution in the Naples port to the absolute minimum, confident in the institutions and their support.
“This is not about going below the minimum threshold, I want to get to zero pollution : therefore the docks program and the other sustainability measures must be respected even though there are still some pockets of bureaucracy without which we could fly and provide many more jobs. At the moment, compared to some time ago, however, everything is more in order, the institutional connection works, between the Region, Municipality, Government, Europe, there is perfect harmony and therefore the work that is enormous is carried out much more quickly and with great satisfaction on our part.”
Annunziata spoke, finally, of the new national and no longer territorial Zes : “There is no place in the world where the Zes have not produced wealth, so there is great expectation because entrepreneurs often want speed of investment, not so much aid, but simplification of the acts and with this tool we are ready. The ports will be increasingly successful if there are these simplifications. I believe that the nationalization of the Zes can be a benefit because not only in some territorial areas but it must work well.”
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(Featured image by enzoabramo via Pixabay)
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First published in ESG NEWS. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
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