Greek government calls for investments, railway still underdeveloped

In 2016 the Greek state agreed with Chinese shipping company Cosco it would purchase the majority of Port of Piraeus S.A shares. This agreement sealed the collaboration between the two countries, which began in 2012 when Greece entered China’s BRI and ‘17+1’ initiative. The Mediterranean country sees a lot of potential in the exchange with China and is welcoming it to further expand its business in the country. However, Greece needs to improve its infrastructure. If it wants to acquire a more central role in Eurasian transportation, it needs to turn attention to rail in particular.

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Author: Nikos Papatolios

Nikos Papatolios is editor of RailFreight.com, the online magazine for rail freight professionals.

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Greek government calls for investments, railway still underdeveloped | RailFreight.com

Greek government calls for investments, railway still underdeveloped

In 2016 the Greek state agreed with Chinese shipping company Cosco it would purchase the majority of Port of Piraeus S.A shares. This agreement sealed the collaboration between the two countries, which began in 2012 when Greece entered China’s BRI and ‘17+1’ initiative. The Mediterranean country sees a lot of potential in the exchange with China and is welcoming it to further expand its business in the country. However, Greece needs to improve its infrastructure. If it wants to acquire a more central role in Eurasian transportation, it needs to turn attention to rail in particular.

Do you want to read the full article?

Are you already a member?

Log in

Having problems logging in? Call +31(0)10 280 1000 or send an email to customerdesk@promedia.nl.

 

Author: Nikos Papatolios

Nikos Papatolios is the Editorial Coordinator of RailFreight.com, the online magazine for rail freight professionals.

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