Intermodal terminal near Port of Piraeus faces new delays

The much anticipated tendering award for the concession of a new intermodal trade terminal near the port of Piraeus in an area named Thriassion is up against new delays, this time as a result of the country’s financial crisis. The tendering award was initially slated for the end of September. Now though and after the third consecutive delay, it is expected to go on on January the 27th. Market sources have been indicating that this time around the main cause of the delay is the state’s attempt to make the new awarding process a bit more attractive for prospective bidders, in order to assure the participation of more schemes. Of course, the whole project should be up and running since 2007, with a total of 150 million euros already spent in order to prepare the relative infrastructure works, such as a direct rail line.
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Source:Hellenic Shipping News