The government is studying the holding of ports, a business worth more than eight billion according to the study center linked to Banca Intesa Sanpaolo. The goal should be to open the game once the presidents of the port system authorities, i.e., the entities that manage Italian docks, today largely in commissioners (from Genoa to Trieste, via Bari and the Strait of Messina) or with expiring presidents (this is the case of La Spezia), are appointed. Proposals on the table range from strengthening the current Conference of Port Authority Presidents at the ministry to a full-fledged public holding company. The model to which the Deputy Minister of Infrastructure and Transport, Edoardo Rixi, looks with most interest is that of ENAV, a government company with more than 53%, but listed on the stock exchange with a large free float and 10% of institutional shareholders, not only Italian. The idea of a public company in which local governments can also participate, with an opening to private entities that would still remain in the minority, has numerous examples around the world. PSA, which is the largest terminal company in the world, and which controls the most important import-export terminal in Italy, stands for nothing more than the Port of Singapore Authority, a company controlled by Temasek (which is the investment holding company of the Asian City-State); the HHLA group, which controls a terminal in Trieste, has the City of Hamburg as its main shareholder.
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