| Project Detail |
Description The project concerns the expansion and upgrade of several areas of the port of Piraeus, Greece. The main project components include the expansion of the car terminal, the improvement of infrastructure of the ship repair zone, the development of a new port logistics centre, the construction of a new cruise passenger handling facility and the acquisition of new container terminal equipment. It also includes the renovation and upgrade of miscellaneous other port and electromechanical (E/M) equipment and installations to achieve the required service levels for the port operations. Objectives The port of Piraeus is the main sea gateway of Greece and one of the largest in the Mediterranean, since its geographical position makes it a focal contact point between the islands and the mainland, as well as an international marine tourism and transit trade center. The project includes a number of components, some of which are part of a circa EUR 300m compulsory investment programme and others in addition to this that have been selected in order to upgrade the ports infrastructure and services. Sector(s) Transport - Transportation and storage Proposed EIB finance (Approximate amount) EUR 140 million Total cost (Approximate amount) EUR 281 million |
