COSCO Piraeus Pier III Inaugurated

  • Business & Finance

The official inauguration ceremony for the expansion of Pier III of COSCO Piraeus Container Terminal (PCT) was successfully organized on Thursday, January 22nd 2015.

The inauguration was attended by Mr. Zou Xiaoli, Chinese Ambassador to Greece and Prime Minister Antonis Samaras of Greece. Executive Vice President of COSCO Group, Sun Jiakang delivered a speech and cut the ribbon together with the Prime Minister and Ambassador.

During his speech, Prime Minister Samaras said that this investment and the Pier III project will create more jobs for Greek people and further improve Greece’s infrastructures.

The Piraeus port will be turned into a first class port in the Mediterranean Sea and a vital hub of the region, and on that basis, the building of the China-Europe Land-Sea Express Line will be accelerated,” said COSCO in a press release.

These projects will also consolidate the role of Piraeus as an important European portal along the new Silk Road, and help boost the Greek economy.

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