The Port Authority of Valencia (PAV) and Illescas Town Council have signed a contract for the collaborative promotion of the future rail freight terminal of the Iberum multimodal central platform.
The initiative includes the parties’ aim to incorporate a majority public corporation (50 per cent between the City Council and the Port Authority of Valencia) for the project’s future growth and viability.
It also allows for the future investment of a private operator (with a maximum of 40 per cent, shippers and environmental firms), who will furnish and keep cargo.
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The signing of the protocol was reportedly attended by many notable figures in the Spanish maritime industry.
Joan Calabuig, President of PAV, said: “Investing in this initiative is a strategic decision. Illescas is in an enclave of great interest for the Port of Valencia both for the connection with the municipality itself and with the whole of Castilla-La Mancha, the south of Madrid and Portugal.
“What is more, it is a project within the guidelines of decarbonisation and promotion of the railway, which are always present in the investment decisions of the Port Authority of Valencia.”
For his part, José Manuel Tofiño, Mayor of Illescas, stated: “The multimodal station that the City Council and the Port of València are promoting is starting with the support of the public sector and its success will be guaranteed by the collaboration of private companies.”
In June of this year, the Costa-MSC Transversal dock in Valencia put out to bid the first On-Shore Power Supply (OPS) electrification project, with an estimated cost of €11 million ($11.7 million).
