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Ports: Hungary will set up logistic base in Trieste

Investment of 60-100 mn, purchase agreement in July

21 June, 18:57
(ANSA) - BELGRADE, JUNE 21 - Hungary will create a "a logistic base in Trieste to allow Hungarian businesses exporting overseas to conduct shipping quickly and without hinderances," the Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó announced at the V4+ Logistics Forum today, the specialized portal Budapest Business Journal reports, adding that through the project Trieste will become "Hungaryʼs ʼsea exitʼ." Szijjártó added that the logistic base could cover a surface of 32 hectares. The idea is to facilitate Hungarian companies to reach the Trieste port by road or rail within 24 hours with an investment, also on infrastructures, between 60 and 100 million euros, Hungarian media reported. Szijjártó added that the sales contract to be signed in early July by the government, but no further details were made available. At the beginning of May, Italy's deputy minister of Infrastructure, Edoardo Rixi, said on the sidelines of an event in Genoa that "in a few weeks the Italian government will sign an agreement to allow a strong Hungarian investment to support the development of the port of Trieste and to strengthen the harbor's relations with central-eastern Europe". (ANSA).

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