Piraeus port focal point of Greece's logistics push
Turning it into bigger trade gateway will spur economy
Add BT as a preferred source[BRUSSLES] The Greek port of Piraeus could become one of Europe's top five container shipping hubs as the government spurs logistics activities in a bid to kick-start economic growth, said Development Minister Kostis Hatzidakis.
Piraeus is expanding as China-based Cosco Pacific Ltd operates one of two piers, builds a third and prepares to offer cargo-train shipping to multinational companies including Hewlett-Packard Co and Huawei Technologies Co.
"Piraeus could become one of the four to five biggest ports in Europe very soon," Mr Hatzidakis said in a Feb 20 interview in Brussels.
TRENDING NOW
ComfortDelGro’s Zig to buy S$10 million worth of BYD cars for private-hire fleet
Singapore telco price war squeezes earnings, strengthens case for StarHub-M1 deal, say analysts
Sats slides 13.6% as investors dump shares on profit-margin squeeze
When every phone becomes a satellite phone, what happens to Asia’s telcos?
