Greece: Ports’ Privatisation Moving Ahead

(GREEK NEWS AGENDA)  The discussion on the bill concerning the ratification of the assigning contract between the state and the Piraeus and Thessaloniki Port Organisations was completed at the Parliament Plenum on Wednesday with the ratification of its articles. Merchant Marine Minister George Voulgarakis referred to a real reform that modernises the country’s major ports, providing them at the same time with development prospects. The minister also stressed that the country’s sovereign rights are fully safeguarded, while the timely implementation of investments plans for both ports is also secured.
The partial concession of the Piraeus container terminal and an accompanying investment of up to €500 million are expected to triple its carrying capacity. A similar plan for Thessaloniki has an investment target of €250 million.

Secretariat General of Information, About Brand Greece:  Ports ; The Leading Role of the Hellenic Merchant Shipping at the Global and European level