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March 1, 2013

Inauguration Of Railway Track From Piraeus Port To Nat. Highway Network

English: Panoramic view of the western part of...
 (Photo credit: Wikipedia)
A railway track connecting Thriasio logistics hub with the Ikonio container terminal near the port of Piraeus was inaugurated on Thursday at Cosco's cargo terminal. The 17km-long cargo line comprising 10 tunnels and 10 bridges is of major importance for the country, Development and Transport Minister Costis Hatzidakis said.  He underlined that the project constitutes the basis of the agreement between Cosco, Hewlett Packard electronics and TRAINOSE, a trilateral cooperation agreement that will be signed on Friday in the presence of the prime minister.
   "Such agreements prove that Greece is not giving up, is moving ahead and will soon be on the road to recovery and economic growth," Hatzidakis said.
On his part, Shipping Minister Costis Moussouroulis said that the port of Piraeus was offered a great opportunity for further development.

Piraeus Container Terminal (PCT) CEO Captain Fu Cheng Qiu underlined that Cosco is convinced that the project will benefit Greece.

The 143-million-euro project will considerably reduce travel time for cargo vessels originating from Asia and the Mediterranean that had to reach major ports in northern Europe. (AMNA)