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A simplified logistics and transport corridor will link the businesses with Bulgarian ports in the Black Sea.Continue reading
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, on Thursday.
The construction of the Hungarian port, planned to be fully operational by 2028, and serving Hungarian cargo exports, starts with the building of a huge section of the seawall and a 50,000-cubic meter filling on the Hungarian state-owned land in northern Italy, the politician said on the construction site.
Levente Magyar on the right. Photo: MTI/KKM
He detailed that
in the first stage, a 250-meter stretch of coastline will be built, and this will be extended by about 400 meters, giving Hungary a total of 650 meters of coastline on the Adriatic.
In addition, an area of 30 hectares is available for development, where a large logistics center will be built, including the facilities needed for maritime operations.
The State Secretary said that he held important talks with representatives of the Italian government, including the Deputy Minister for Infrastructure and Transport, Edoardo Rixi, who had been a partner throughout the process of setting up the port and who would help Hungarian exporters and companies be more effective on the world market in a few years’ time.
L-R: Edoardo Rixi, Italian Deputy Minister for Infrastructure and Transport and Levente Magyar, Hungarian Parliamentary State Secretary of the Ministry of Foreign Affairs and Trade at the press conference after their meeting. Photo: MTI/KKM
The State Secretary stressed that
Hungary exports cargo worth around 60,000 billion forints (150 billion euros) every year, with the majority of them leaving Europe by sea.
“If the country does not have its own sea exit and seaport capacity, it will always be at the mercy of others. We would like to change this situation, because Hungary, as the 34th largest exporter in the world, must have the channels to connect to global supply chains in the most efficient way, to create jobs, to make Hungarian exports more efficient, and to help Hungarian companies to operate,” said Levente Magyar.
He recalled that Hungary was forced out of the seas with the loss of the First World War. “The South Slav troops marched into Rijeka at the end of 1918, and since then Hungary has had no sea exit. This will change now,” he said.
Via MTI, Featured image: MTI/KKM