Ways to tap into the expansion of combined transport and upgraded infrastructure were explored during the 1st conference on "Infrastructure and Transport in Greece: Prospects for Development” held in Athens.
Hong Kong-based shipping giant Cosco has slated 140 million euros for works to be completed in 2017 in efforts to make the port of Piraeus a major cruise and transhipment hub for travel and trade between Asia and Eastern Europe.
Tourism, reforms and privatizations are key to bringing Greece back into the game, Greek Central Bank Governor Yannis Stournaras said last week, expressing his optimism that faith is being restored in the Greek economy.
The 300-member Greek parliament ratified by a 223-vote the sale of the Piraeus Port Authority (OLP) to Chinese shipping giant Cosco a day after the Hong-Kong based conglomerate said in letter that the terms for the deal submitted to parliament had been altered.
The port of Piraeus is now on track to become one of the leading maritime hubs in the world, the head of the Hellenic Chinese Chamber (HCC) said following the award of a 67 percent stake in the listed entity last week to Chinese shipping giant Cosco.
Economy, Infrastructure, Shipping and Tourism Minister Giorgos Stathakis reassured reporters on Wednesday, that capital controls will soon be lifted, liquidity is improving and the privatization of 14 airports will most likely be completed in March.
Kasteli airport, to be constructed on the island of Crete, will be on the agenda of talks in the coming days between Economy Minister Giorgos Stathakis and a delegation from China’s State Construction Engineering Corporation (CSCEC).