Greek Fin Min: The utilization of ports brings income, development, jobs

“The policy we are implementing for concession contracts in the largest Greek ports will be a boon for the Greek economy and the Greek region in terms of development. The transition from some state organizations to ports, which operate like modern businesses, and produce benefits in relation to what the state collects, in terms of growth and jobs.”

This was pointed out by the Minister of National Economy and Finance, Kostis Hatzidakis, during his greeting at the signing ceremony of the contract for the sale of the majority of the shares of the Igoumenitsa Port Authority, held today at the Authority’s offices, in the presence of Prime Minister Kyriakos Mitsotakis.

Mr. Hatzidakis recalled the course of the port of Piraeus which today, 15 years after the signing of the concession agreement, is the fastest growing port in Europe and in the 4th place in the continent as concerns the handling of containers.

Referring in particular to the purchase of the majority share package of the Igoumenitsa Port Authority by the Grimaldi group, one of the largest shipping groups in Europe, Mr. Hatzidakis noted that this investment acts as a vote of confidence in the country’s prospects, ensuring a high return for the State and is “a leap in the effort to make Igoumenitsa even more of an international port with more goods, more passengers and more jobs”.