AG Seville Shipyard has been selected to continue operating ship-repair facilities at the Port of Seville, according to Splash247. The report says the port authority’s board approved the selection on 20 October.

The proposed concession covers about 22,000 square metres and can run for up to 25 years. Splash247 says final administrative approval is still needed before the agreement takes effect.

The company proposes to invest approximately €10 million. The article distinguishes that programme from a separate tender requirement for at least €3 million of investment during the first three years.

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Source: Splash247 · original report