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The agreement signed in Shanghai

Trieste takes “Made in Italy” to China

by Port News Editorial Staff

The Eastern Adriatic Port Network Authority signed a Memorandum of Understanding in Shanghai today with the Chinese company China Communications Construction Company.

The agreement, signed in the presence of the Minister of Foreign Affairs and Cooperation Luigi Di Maio, is based on the agreements that Trieste port signed in Rome on March 23rd last, on the fringes of the strategic partnership initiated by the Chinese and Italian governments on the new Silk Road.

The Memorandum, signed by the President of the Trieste Authority Zeno D’Agostino and Jingchun Wang of CCCC, provides for Trieste port to support CCCC in the development of pilot projects in the high economic potential areas of Guangzhou and Jiangsu, in the hinterland of the ports of Shanghai, Ningbo and Shenzen, all intercontinental services ports that are controlled by Trieste.

In order to strengthen the role of all the logistic facilities in the Eastern Adriatic port region, CCCC and the port of Trieste will also collaborate to enable the Chinese group to set up one or more warehouses in the regional area.

“Today’s signature is important because it gives the Italian public system a clear active role in the development of logistics.” said Zeno D’Agostino, who added: “This is a project available for the whole national economic system: logistics platforms can facilitate the transport of goods from all over Italy, in support of large companies and SMEs. It is an important sign that this game is being played by the public sector”.

In a press release, Trieste Port Authority explained that “the Port Network Authority will not have any direct participation in the risk of developing the platforms, but will collaborate as an active aggregator, providing support for the technical definition of projects, their promotion to institutions and businesses in Italy and taking action for the planning or development of infrastructure, common services or trade facilitation tools useful for strengthening the integrated logistics Italy-China channel through the Free Port of Trieste.

It is also stressed that CCCC will take on the risk of operations related to development projects and will strive to promote “Made in Italy” through channels for disseminating Italian products in China.

Translation by Giles Foster

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