Angela Titzrath, President of the German Association of Seaport Operators, revealed that German seaports require investments worth €15 billion (about $17.6 billion) for rapid modernization and expansion, according to the German Association of Seaport Operators.
Titzrath noted that these investments are due to the deterioration of docks, a shortage of surfaces capable of bearing heavy loads, and the lack of connectivity with inland port areas. She explained that “the €15 billion represents just 3% of the total funds allocated by the new German government to improve the country’s infrastructure. With this amount, we can carry out all urgent upgrades in a complete and sustainable manner within 12 years.”
Source (Al-Sharq Al-Awsat Newspaper, Edited)
