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Piraeus Port Master Plan Runs into More Obstacles

Photo source: Piraeus Port Authority

Photo source: Piraeus Port Authority

A 600-million-euro investment for the expansion of Piraeus port is up in the air after Greece’s Central Archaeological Council (KAS) decided to designate a significant part of Piraeus as being a site of archaeological importance among other concerns expressed thus far, making it almost impossible to go ahead with any form of construction activity. 

The council’s decision is putting a brake on port-manager Cosco’s plans to upgrade the port with – among others – the creation of a 5-star hotel and a shopping center in the area, which is a basic condition for the investment under the concession deal with the Greek government.

In the same direction last month, the Port Planning and Development Committee did not approve of a mall near the cruise terminal, a logistics center in Keratsini, one of four hotel units, the installation of an 8,500-ton synchro-lift and the creation of two parking areas. 

According to reports, the master plan for the port overhaul is also bound to run into more delays with regard to a series of environmental impact studies as well as additional objections expected by the Port Planning and Development Committee.

In the meantime, the Council of State, Greece’s high-test court, is expected this week to rule on a suit filed by construction companies against the terms of the tender for the development of a new cruise base budgeted at 169 million euros and majority funded by the EU.

In the meantime, plans to convert the landmark “Pagoda” building into a hotel have been forwarded to the culture ministry’s Modern Monuments Committee.

Aiming to transform Piraeus into a home porting hub and the largest shipbuilding base in the eastern Mediterranean, Piraeus Port Authority (PPA) managers Cosco submitted a master plan last year, aiming to invest millions of euros into a number of upgrade projects.

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About the Author
Chicago-born and raised, Maria Paravantes has over two decades of journalistic experience covering tourism and travel, gastronomy, arts, music and culture, economy and finance, politics, health and social issues for international press and media. She has worked for Reuters, The Telegraph, Huffington Post, Billboard Magazine, Time Out Athens, the Athens News, Odyssey Magazine and, among others. She has also served as Special Advisor to Greece’s minister of Foreign Affairs, and to the mayor of Athens on international press and media issues. Maria is currently a reporter, content and features writer for GTP Headlines.

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