COSCO and Piraeus sign investment deal
The agreement, originally announced earlier this month, includes the construction and use of OLP’s West Pier Container Terminal III by PCT, the upgrade of Pier II and East Pier Container Terminal III with new equipment and the construction of an Oil Refuelling Pier.
The deal now needs to be reviewed by the European Union and ratified by the Greek parliament.
The investment is expected to create around 2,200 direct and indirect jobs.
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