Greece pushes back deadline for rail freight terminal bids

Grecia-Thriasio_0097-610x350Binding bids for the EUR 250 million project were expected to be submitted by May 31 but Athens moved the deadline to August 1 to provide investors more time to prepare their offers.
Greece has launched a tender for the EUR 250 million project to build the terminal at Thriasio near Athens, which would have access to the country’s railway network and its biggest port at Piraeus.
Greek media informed that officials from PAEGAE, COSCO and Grivalia had met in recent weeks to discuss the issue.
In April, Greece has formally signed an agreement, for USD 368.5 million, to sell a 67% stake in the Port of Piraeus, the country’s biggest, to Chinese shipping company China Cosco Holding Co. (COSCO).
Buying TRAINOSE (another state asset listed for privatisation) and now having a stake in the Port of Piraeus would give COSCO maritime connections to the Suez Canal and rail links to the Balkans and central and Eastern Europe.
It also fits with China’s “One Belt, One Road” policy of building a modern Silk Road to boost trade and create a path to deliver Chinese mega – industry products, caught up in the global downturn and slower growth in China.


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