BREAKWATER GENOA (EIB-20230776)

Countries
  • Italy
Geographic location where the impacts of the investment may be experienced.
Specific Location
Port of Genoa
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • European Investment Bank (EIB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Sep 24, 2025
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Port System Authority of the Western Ligurian Sea
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Construction
  • Infrastructure
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 352.27 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Currency conversion note:
Bank reported 300
Converted using 2025-09-24 exchange rate.
Project Cost (USD)
$ 1,100.26 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Currency conversion note:
Bank reported 937
Converted using 2025-09-24 exchange rate.
Primary Source

Original disclosure @ EIB website

Updated in EWS Nov 3, 2025

Disclosed by Bank Sep 25, 2025


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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the Bank’s website, the project consists of a major allocation under framework loan 2020-0263 to finance the expansion and redesign of the exterior breakwater at the Port of Genoa.

The project concerns the expansion and reconfiguration of the existing external breakwater ("Diga Foranea - Phase A"), located in the Port of Genoa, including the construction of new sections and the demolition of some existing ones. The project is expected to enhance the manoeuvrability and safety of seaside operations by providing a larger manoeuvring circle area and wider access channels.

The Project supports the development of the Port of Genoa, a rail connected core TEN-T port located on the Mediterranean Corridor. The Project provides safe maritime access to port users, allows larger vessels to access the port and as such reduces costs of maritime transport. Consequently, the Project enhances the resilience and sustainability of the regional and European transport system, in line with EU objectives and the EIB Transport Lending Policy.

The project covers the expansion and redesign of the existing exterior breakwater at the Port of Genoa in order to allow larger vessels to berth in more efficient and safe manoeuvrability conditions. It includes the construction of new sections, the demolition of existing sections and the reinforcement of other already existing sections. The configuration of the new breakwater will guarantee a new manoeuvring circle with a 800 m diameter in front of “Bacino Sampierdarena”, a new access channel with 2,800 m length and 300 m width to that same area and an internal channel in front of “Bacino Sampierdarena” with 400 m width.

The construction works of Phase A of the project will include the construction of approximately 4,010 m of new breakwater sections, the scour protection reinforcement of approximately 765 m of existing breakwater sections and the demolition of approximately 2,200 m of existing breakwater sections. The deepest sections of the new breakwater structure will go up to 50 m depth. The top level of the caissons lays at 3.40 m m.s.l. (7.00 m including crest wall).

Early Warning System Project Analysis
For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

According to the Environmental Impact Assessment Report and the related Decision, the main environmental impacts can be divided in temporary impacts during the construction and permanent impacts during operation. The ones qualified as significant before the implementation of any mitigation measures include the following: water turbidity; vibration and noise during construction; and limited changes to the sedimentation dynamics in the shoreline.

The Project is to be implemented in the vicinity of six Natura 2000 sites. The project site is more than 2,000 m away from the closest Natura 2000 site. The integrity of the sites is not expected to be negatively affected by the project:

  • SAC IT1332576 “Fondali Boccadasse – Nervi” (maritime);
  • SAC IT1332575 “Fondali Nervi - Sori” (maritime);
  • SAC IT1332477 “Fondali Arenzano – Punta Ivrea” (maritime);
  • SAC IT1312392 “Tutela del Tursiope Mar Ligure” (maritime);
  • SAC IT1331615 “Monte Gazzo” (land based);
  • SAC IT1331606 “Torre Quezzi” (land based.

The EIA report includes an analysis of the water bodies quality. The impacted water bodies are the Genova Bisagno (IT07CW_01001015) and Genova Polcevera (IT07CW_01001014_1) and the related impacts are considered as negligible or non-significant. It is concluded that the Project will not interfere with the objectives of the relevant river basin management plan and complies with the requirements of the Water Framework Directive 2000/60/EC and aligns with the Marine Strategy Directive 2008/56/EC objectives.

 

Investment Description
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Contact Information
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No contacts available at the time of disclosure.

ACCESS TO INFORMATION

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