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10 July 2020 The on-line newspaper devoted to the world of transports 18:44 GMT+2

June 22, 2020

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The Western Ligurian Sea AdSP Management Committee approved the 2019 final budget

Initiated investments in works, maintenance and EUR 259 million compared to 37 million in the year Previous

On Friday, the Management Committee of the Western Ligurian Sea Port System approved budget 2019 of the institution, which disclosed how the resources in the accumulated in an administration surplus, which at the end of 2018 amounted to EUR 302 million 134 million, of which 81.2 million were linked to the investment with financial effect in the financial years Subsequent. The institution specified that the financial report highlighted that in 2019 the AdSP has launched investments in works, maintenance and design studios for 259 million euros compared to 37 million euros in the previous year.

The authority also explained that spending commitments in capital account have had a significant impact as a result of the Urgent investment programme approved by Commissioner reconstruction of the Polcevera Viaduct (decree 2/2019 in the implementation of art. 9 encores of the law 130/2018 Genoa decree) and which is implemented with the waivers expressly provided regulations. The agency has announced that at this in the face of an extraordinary programme of works approved 158.0 million euros, interventions were awarded for 140 Million.

With regard to current accounts, in 2019 104.5 million euros (97.7 million euros) in 54.75% for tax receipts, 37.61% for tax revenues revenue for royalties and 7.64% for other revenue. The revenue from royalties increased by around five million euros as a result of the review of some granting fees in the terminal sector, increase - has AdSP - which would have been greater given that, for effect of the June 2019 resolution of the management, a value of 1.8 million euros has been unpacked. euro for terminal operators affected by the effects of collapse of the Morandi Bridge and the weather events that on the 29th and 30th October 2018 involved the ports of Genoa and Savona.

Current expenses amounted to EUR 58.7 million in compared to 48.0 million in 2018. This gap - explained the ADSP - is also attributable to the implementation by the initiative for the production system industry rules and the Genoa Law.

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