Cost
$480.1m
$480,083,105
Description
Yilport Holding, which currently operates 22 ports around the world, is resuming the expansion of its European operations undeterred by the current slowdown in global shipping. At Taranto, the company is working to develop a new gateway to Southern Italy, with an investment of $75 million over the next five years.The company has a 49-year concession on the San Cataldo Container Terminal (SCCT) in Taranto, committing to a total investment of over $450 million to resume and expand operations at the port.