Representatives and technicians from railway company, ADIF, Puertos del Estado, and the Port Authority of Valencia (PAV), have visited railway connections that will link the Port of Sagunto with the Mediterranean Corridor.
The parties noted the significant progress made with the tracks linking the Port of Sagunto with the network of ADIF.
The parties also mentioned the developments made to the last section of work that passes over the drainage channel of Arcelor.
This single-track, double-gauge railway allows for electric access.
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These works are the result of an agreement signed by ADIF, the PAV, and Puertos del Estado, and reflect an investment budget of €36.6 million ($39 million).
Of these, €25.13 million ($26.8 million) will be provided by Valenciaport and €11.5 million ($12.3 million) by the European Union’s Regional Development Fund (ERDF).
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The progressive development of the railway connection to the Port of Sagunto was a key factor in Volkswagen’s decision to locate its battery megafactory in Parc Sagunt.
In February 2022, the PAV approved the concession of a space in the Port of Sagunto to drafting company, ZELEROS, to carry out a pilot for its hyperloop transport system.