The Port Authority of Valencia (APV) presented the results of the study of "Economic Impact of the ports of the Port Authority of Valencia in 2016". During the presentation of the study, the president of the APV, Aurelio Martínez stated that with the launch of new infrastructure, Valencia can find its way in the first three ports in Europe.
Currently, Valencia Port is 28th in the world ranking of ports in container traffic thanks to its 96 regular lines that connect it with 870 ports on five continents.
According to Aurelio Martínez, the northern extension, the new passenger terminal and the promotion of the third dock of the port of Sagunto, as well as the start-up of logistics areas, will soon begin their operations.
"All these infrastructures will allow us to be among the first three ports in Europe. That is our goal and, therefore, we need to make an effort in infrastructures, such as the railway corridors, the Fuente San Luis terminal or the northern access that will reduce costs."
As for the report, it aimed to find the economic impact associated with the commercial activity of Valencia Port. The study concluded that the Gross Added Value (GVA) generated by the three ports managed by the APV (Valencia, Sagunto and Gandia) amounts to 2,500 million euros, 2.39% This figure comes from the 683 million euros generated by the initial activity of Valenciaport and the economic impact that its activity produces in the companies of the port community.
In addition, the employment generated directly by Valencia Port is distributed throughout its hinterland but it is mainly created in the environment near to the port facilities.
Namely, the inhabitants of the maritime towns of Valencia (Cabanyal, Nazaret, etc) would currently benefit from a quarter of the employment generated by the port of Valencia.