Foreign inflows speed up development, welcomed by residents

VADO LIGURE, Italy - The Mediterranean port city of Vado Ligure, with a population of some 8,500, might be small in size, but it has an ongoing big construction project on its shore.

The Vado Gateway terminal, scheduled to open in December, will be able to service the world's largest container ships, which are so huge they can only dock at select ports across the globe.

Making that possible is the Netherlands-based APM Terminals, part of the Danish conglomerate Maersk, together with two Chinese companies including COSCO Shipping Ports.