Business · Companies · 8 hrs ago

Ferretti gets first single ZES permit at Ancona port for €3m expansion

Ferretti gets first single ZES permit at Ancona port for €3m expansion

Ferretti will invest €3 million to expand a production shed at the shipyard in Ancona, Italy.

The project will let the company build superyachts up to 100 metres long.

The permit is the first single ZES authorization issued at Ancona port.

A ZES, or special economic zone, uses faster approval procedures to support business investment.

The approval process took 54 days and included all required government opinions.

The expansion is expected to be completed within six months.

1 source

Related

What people are saying

Central Adriatic Sea Port System AuthorityPort authority
The work will be completed in six months and will enable the shipyard to build boats up to 100 metres long, responding to increasingly important market trends.
via ANSA
The authorization process was completed in 54 days, with opinions issued by all the administrations involved and active support from the administrative offices of the Municipality of Ancona.
via ANSA