Fincantieri has launched a 40 million euro shipyard development plan with the signing of a multi-decade concession at the Port of Ancona, Italy.
The Port Authority has granted Fincantieri the use of over 314,000 square metres, to include land areas, water surfaces and existing facilities within the Ancona port.
The agreement was signed by the president of the Central Adriatic Sea Port System Authority, Vincenzo Garofalo, and Fincantieri’s chief executive officer and general manager, Pierroberto Folgiero.
The concession will remain valid until the end of 2064 and will allow Fincantieri to carry out and strengthen its shipbuilding activities.
The concession concludes a process initially launched in 2017, with Fincantieri committing to implementing a modernisation and development program for the shipyard, with a total investment of approximately 40 million euros by the company.
The signing of the concession represents a fundamental step for the future of the Ancona shipyard.
Pierroberto Folgiero
The goal is to relaunch the Marche-region site, making it increasingly competitive in the construction of large naval units.
“The signing of the concession represents a fundamental step for the future of the Ancona shipyard and for the entire Italian shipbuilding sector,” said Pierroberto Folgiero, chief executive officer and general manager of Fincantieri.
“Investing in Ancona means investing in the country’s ability to remain a leader in innovation and global competitiveness.”
He added: “With our development plan, we intend to transform the shipyard into a centre of excellence, where tradition and technology come together to create value for the region and for the entire industrial supply chain.
Cutting-edge future
“Our commitment is to build, together with the Port Authority and local institutions, a sustainable and cutting-edge future for Italian shipbuilding.”
Vincenzo Garofalo, president of the Central Adriatic Sea Port System Authority, continued:
“[The] signing confirms Fincantieri’s long-term project for the Port of Ancona. A presence that means work, innovation, and opportunities for the entrepreneurial fabric of the Marche and central Italy, which will continue to find in the Ancona shipyard a key point of reference.
“The construction of cruise ships, especially those in which the Ancona shipyard specialises, continues to grow and brings with it major environmental innovations and new onboard experiences.”
