EIB supports development of Marseille's major seaport

  • This € 50m financing is key to the development of France's leading port, which, due to its strategic location, is an essential link in transport and logistics in Europe and the Mediterranean.
  • Five strategic projects financed in a wide variety of sectors such as the junction of container terminals in Fos, the reorganization of the Corsican / Maghreb ferry terminals or the development of the Feuillane logistics zone.
The European Investment Bank (EIB), which is the Bank of the European Union, has today renewed its partnership with the port of Marseille Fos with the conclusion of a € 50m financing to support and support the development projects of the European Union. Harbor. The partnership agreement was signed by Christine Cabau Woehrel, President of the Executive Board of Marseille Fos Port and Ambroise Fayolle, Vice President of the EIB, who then visited the site connecting two existing container terminals at Fos (Darse 2) .

This new partnership will focus on funding five projects requiring a total investment of € 136 million. This is the case for the Eastern basins, the redevelopment of international passenger terminals and Corsica and the widening of the North Pass for the reception of large cruise ships. In the West, it is the renovation of the K3 / K4 substations for the supply of ships' refueling, the further development of the logistics zone on the Feuillane site and the extension of the two wharves. to offer 2.6 km continuous dock length and thus accommodate the largest simultaneous containerships that have been retained.

" 10 years after having accompanied the port of Marseille Fos for the creation of the 2XL terminals, we are honored that the EIB is renewing its confidence by financing our projects up to € 50 million. Marseille Fos is thus endowed with an investment capacity that will enable it to pursue the development of its infrastructures and strengthen its international dimension. This support goes beyond the only projects of our establishment, the entire industrial-port cluster is concerned by these means put at our disposal to attract the largest international investors in the territory. "Said Christine Cabau Woehrel, President of the Executive Board of the Port of Marseille Fos .

"I am very pleased that this major funding comes to support the attractiveness and development of the port of Marseille Fos" said Ambroise Fayolle, Vice President of BE I. Thus giving the means to the first port of France to acquire modernized, efficient and adapted to market requirements, the Bank of the European Union strengthens the capacity, competitiveness and international influence of a single port complex in France. Our goal is to support the long-term development of the port of Marseille Fos and support businesses and employment on this site. " He added: " The EIB is proud to support the ambition of a Port with a strong European and international vocation. "

This partnership is fully in line with the desire of the port of Marseille Fos, France's leading port, to pursue its investment policy and its development, in order to reinforce its international dimension and its attractiveness to the largest companies for their implantation.

The sharp increase in traffic for more than three years has consolidated the credibility of the port of Marseille Fos in France and internationally. The port was able to take full advantage of the economic recovery by developing its strategy of diversification and conquest of new markets.

Thanks to this financing from the EIB, the port of Marseille Fos is endowed with an investment capacity allowing to face with serenity the important deadlines of the end of the current strategic project 2014-2018 and to fix already the milestones for the next 2019-2023 strategic project.

A key player in stimulating investment in the heart of the territories, the EIB has invested more than € 2.4 billion in direct investment in the PACA region since 2011 in support of projects in key sectors such as transport and transportation. maritime infrastructure, education and training of young people, support for innovation and business, research and hospitals.

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