Xicheng District

Making Piraeus Europe’s biggest port

Chinese shipping giant Cosco is about to start a dialogue with the Greek government on the terms and conditions that will allow for its investment master plan for Piraeus port to expand from the currently approved 600 million to its full amount of 900 million euros with the construction of a new, fourth container terminal, according to recent talks between the Greek and Chinese state leaders.

Greek PM, Chinese President visit Cosco premises

Greek Prime Minister Kyriakos Mitsotakis and Chinese President Xi Jinping seen visiting the premises of Cosco Shipping in Piraeus on Monday. China and Greece agreed on Monday to push ahead with a 600 million euros investment by Cosco into Greece's largest port as part of efforts to boost its role as a hub in rapidly growing trade between Asia and Europe.

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