Logistics Cooperation with North African Countries
FENA and MARECO have been following two crisis designated areas appointed by the Italian government managing to successfully transform two critical crisis areas within the Italian port and logistics sectors.
Objectives: The projects aim to:
- Strategically reconvert and reprogram the assets.
- Develop and execute investment and employment plans to revitalize them as international logistics and port centers.
Brown Field Port Project:
Successfully integrated Port into the international logistics framework through the special vehicle.
Achieved a significant annual increase in cargo volumes, which are expected to double, reaching maximum production capacity within three years.
Generated an EBITDA of 40%, supporting a total investment plan of approximately €20 million.
Established stable programming with three of the world’s largest shipping groups, securing contracts and revitalizing employment opportunities to address the social and economic crisis caused by previous management failures.
Green field brown field port and logistics center project:
Led an industrial reconversion project following the closure of steelworks, redirecting the site towards modern and lucrative economic developments for stakeholders
Undertook comprehensive restructuring and industrial transformation, positioning the asset within a new market via a Special purpose vehicle ad hoc created.
Strategic Impact:
Both projects have been incorporated into the broader strategic framework of the Piano Mattei, enhancing the international logistics connectivity between Italian ports ultimately Europe and key North African markets.
Partnerships and Collaboration:
FENA and MARECO are recognized partners of major governmental institutions involved in the Piano Mattei, providing monthly updates directly to the Prime Minister’s Office.
Strategic Importance:
Given that Italian ports and logistics are considered national strategic assets, fostering a high level of trust and efficient interaction with governmental bodies has proven essential for addressing sector challenges.
This proactive approach has reduced implementation timelines for current projects and those anticipated over the next five years.
Commercial Value:
The projects operate under a non-profit model.
Project Overview: Kazakhstan = FENA and MARECO have been awarded a contract for the transformation and development of a port and logistics center inclusive of ship yards and railway assets along the Median corridor to catch the newly established route connecting main trades of China to Europe along the median corridor through the Caspian sea.
Achieved in having 3 main global logistics groups ready to invest in the asset
Leading the team for the project aimed at implementing the main trade lanes and major access points through which international cargo flow will be channeled using the asett as a major private hub for the market
