After a walkthrough of the site, Magyar said the 30-hectare area under development had 650 meters of seafront.

He added that much of Hungary’s exports bound for trading partners outside of Europe were delivered by sea.

Magyar also noted that he had met with Edoardo Rixi, the deputy minister of infrastructure, earlier.

Hungary signed an agreement regarding the establishment of a port and logistics base in Trieste, northeast Italy back in 2019. The agreement’s aim is to facilitate the access of Hungarian companies to export markets.