|
BIZCHINA> Top Biz News
![]() |
|
China's COSCO takes over container business at Greek port
(Xinhua)
Updated: 2009-10-01 16:22 The Greek Piraeus Port Authority on Wednesday signed an agreement on transferring the operation of Piraeus container terminals to China's COSCO Pacific Ltd. From Thursday on, Pier 2 and Pier 3 of Piraeus Container Terminals will be under COSCO management for 35 years, according to the agreement. Chief representative of COSCO in Greece said the two sides would work together to build modern container terminals and provide reliable, flexible and high efficient services for shipping companies.
Greek Foreign Minister Dora Bakoyannis told Xinhua that COSCO's participation in the operation of Piraeus Port was important for both economies. Piraeus Port could become an important hub for Chinese goods on the way to the EU markets and to the broader region of Southeastern Europe and the Eastern Mediterranean, she said. Meanwhile, the agreement will bring Greece 4.3 billion euros ($6.3 billion) in revenue over the 35-year period and create about 1,000 new jobs, she said. (For more biz stories, please visit Industries)
|
牡丹江市| 长沙县| 依兰县| 互助| 通江县| 舞钢市| 金秀| 吉首市| 河津市| 嵩明县| 武义县| 西宁市| 宜都市| 探索| 巴东县| 西贡区| 万州区| 宜春市| 新宾| 和林格尔县| 荆州市| 刚察县| 牙克石市| 盐边县| 澳门| 涟水县| 北碚区| 甘谷县| 缙云县| 双城市| 田阳县| 邛崃市| 大连市| 恩施市| 闻喜县| 九龙坡区| 定远县| 会宁县| 高要市| 建德市| 平昌县|