The European Investment Bank (EIB) will provide French port Marseille Fos with EUR 50 million (USD 58.5 million) in order to support 5 key infrastructure development project.
The new agreement was signed by Christine Cabau Woehrel, Marseille Fos CEO and Ambroise Fayolle, EIB vice president on May 28.
The funding will enable the cruise port to reorganise Corsica and North Africa ferry terminals and enlarge for mega cruise ships Passe Nord access point. This will improve the services provided to cruise ships and passenger ferries.
Other port development projects will focus on enhancing facilities for container ships.