Cosco to proceed with necessary Piraeus port works immediately

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A discussion on bilateral trade relations between Greece and China, as well as other issues concerning Cosco activities in the port of Piraeus, has been held between Chinese Ambassador Fang Qiu and the president of the Piraeus Chamber of Commerce and Industry (PCCI), Vassilis Korkidis.

According to a statement, Korkidis referred to the areas in which trade relations can be further developed, focusing on the port of Piraeus, but also on the problems that must be solved to improve services provided by Cosco to those using the port facilities.

In light of the record profits in the latest Piraeus Port Authority (OLP) financial results report, the necessity of accelerating the investments planned by the investors was emphasized.

During the discussion, it was agreed that Cosco will proceed immediately with the necessary investments in the port of Piraeus, with an emphasis on the shipbuilding and repair sector that are in the master plan, within the framework of Cosco investment in the port of Piraeus.

Fang also referred to the proposal discussed during his meeting with the minister of maritime affairs, to consider the possibility of Greek-Chinese joint ventures for shipbuilding in Greece.

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