Piraeus Port plans on track

Piraeus Main port

Piraeus Main port

Work on the further development and upgrade of the Port of Piraeus, Greece's largest harbour, is proceeding smoothly as planned despite COVID-19, Greek Shipping and Island Policy Minister Ioannis Plakiotakis stated on Monday.

“The Chinese investment in Piraeus is a strategic one that can benefit the local economy and society. It’s a win-win,” he said.

“We must move forward according to plan, sending the message that we are returning to normalcy and investments are progressing smoothly,” the Minister told Xinhua.

Hailing the “excellent cooperation between the two sides,” Plakiotakis added that the Greek government last fall approved, within just three months, a revised master plan that foresees at least 600 million euros’ worth of mandatory investments.

“The construction of a new cruise pier is in progress based on the concession agreement. Works are proceeding without issues. They should proceed, because it is important to project an image of normalcy during this critical period, when the entire global economy is being tested,” he stressed.

In October last year, Greece’s Port Planning and Development Committee approved the 611.8 million euro investment plan for the modernisation and upgrade of Piraeus Port.