Rome/Singapore, 25 February 2026 – A potential investment of about 1 billion USD to strengthen the competitiveness of the Port of Genoa and the national logistics system, focusing on technological innovation, environmental sustainability and operational efficiency, subject to relevant reviews and applicable administrative procedures and approvals: this is the content of the strategically important framework agreement defined in the presence of the Ministry of Infrastructure and Transport and PSA International between the Port System Authority of the Western Ligurian Sea and PSA Italy, signed in Singapore by the President of the ADSP Mar Ligure Occidentale Matteo Paroli and Roberto Ferrari, CEO of PSA Italy, in the presence of the Deputy Minister of Infrastructure and Transport of Italy Edoardo Rixi and the Group CEO of PSA International Ong Kim Pong. 

The agreement sets out a framework for a proposed investment focused on technological implementation and infrastructural adaptation of PSA Italy's PSA Genoa Pra' terminal. The interventions will increase container handling capacity, optimise logistics flows and accommodate mega vessels without operational limitations, thanks in part to the planned dredging activities. 

The investment aims to provide Italy and the Mediterranean with a high-tech port terminal capable of competing effectively with the major ports of Northern Europe and capturing a growing share of international trade flows. 

The project involves the use of fully electric equipment to mitigate noise levels and CO2 emissions, in line with national and European sustainability and energy transition objectives. 

The agreement includes a proposal to - subject to applicable procedures and approvals -  reorganize the terminal's operational areas, through the harmonisation of existing concessions and the redefinition of truck logistics with the advancement of the port gate and the creation of new buffer areas, as well as the consolidation of spaces functional to the optimisation of traffic flows. 

The agreement was signed during an institutional mission to Singapore by the Deputy Minister of Infrastructure and Transport of Italy, Edoardo Rixi, and the President of the Western Ligurian Sea Port Authority, Matteo Paroli, which was also attended by the Ambassador of Italy to Singapore, Dante Brandi.  

In addition to the meeting with PSA International executives, the institutional visit included a tour of the Tuas terminal, which was officially inaugurated on 1 September 2022, with a design handling capacity of 65 million TEUs when fully completed in the 2040s. The Singapore terminal is considered a global leader due to its unique combination of automation, digitalization, management and sustainability. The visit also included a meeting with the Maritime Port Authority of Singapore (MPA), dedicated to digital management systems for port communities.