Last Wednesday, the European Investment Bank (EIB) approved a loan of EUR 300 million euros to co-finance the ongoing investment programme in ports of Genoa and Savona-Vado Ligure, in particular phase A of the new breakwater of the port of the Ligurian capital which provides for A total investment of 937 million euros.

The EIB recalled that Genoa is a "core" port of the TEN-T trans-European transport network and is part of the and explained that the project ensures a safe maritime access to the port, even for the most and thus reduces the costs of maritime transport.