Fincantieri part of the team to build the new Breakwater of The Genoa Port

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The consortium of which Fincantieri Infrastructure Opere Marittime is part, led by Webuild and also including Fincosit and Sidra, will build the new breakwater of the Genoa port for a total initial asking price of 928 million euros. Fincantieri Infrastracture Opere Marittime is part of the consortium with a 25% share.

Ordered by the Western Ligurian Sea Port Authority, the new breakwater will allow safe access to the port to container ships up to 400-450 meters long, double the size of those passing today, tailoring the Ligurian port to the requirements of the main shipping companies.

The construction works, consisting of two phases – with the first already financed – are part of the extraordinary recovery action plan of the Genoa Port. They will be co-financed by the government with resources from the Complementary Fund of Italy’s recovery and resilience plan (NRRP) and will benefit from the Aid Decree (“Decreto Aiuti”).

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