New deal for Piraeus Port ahead of privatisation to include rent raise
- Written by E.Tsiliopoulos
A new contract between the Piraeus Port and the Greek state will include an increase in the annual cost of the lease, from 2 pct of total annual revenue at present to 3.5 pct of annual revenue, media sources said on Thursday.
The concession will also govern terms of land use, buildings and infrastructure at the port and set steady rates for coastal shipping (ferries) for a specified period of time.
The higher "rent" will be handed over to the municipalities adjacent to the port and affected by its activities.
The new agreement is being drawn up ahead of the port's privatisation via a concession agreement to private investors and is expected to be concluded over the next few days.
Shipping and Island Policy Minister Thodoris Dritsas has asked that a public port authority retain all the administrative and regulatory powers of the current Piraeus Port Organisation. Before the Piraeus Port Organisation is acquired by a new investor, it will only be able to conduct commercial activity, like the Piraeus Container Terminal run by COSCO does at present.
State authorities must also define which areas in the port's land zones belong to the port and which to the respective municipalities.
Tagged under
Related items
-
Travel.gr's Greece Talks: What Mitsotakis and Guilfoyle said
-
Two unimaginable tragedies with a baker and a butcher dying in work related accidents
-
What is behind Guilfoyle's attack on Cosco - The US plan to "kick" the Chinese out of Piraeus
-
Operation "Endgame": How Europol and ELAS arrested the mastermind of an international cyberattack network in Attica
-
Three years in prison and a fine of 3,000 euros for the 63-year-old who abused cats in Donoussa - I love them, he said at the trial
Latest from E.Tsiliopoulos
- Travel.gr's Greece Talks: What Mitsotakis and Guilfoyle said
- Two unimaginable tragedies with a baker and a butcher dying in work related accidents
- What is behind Guilfoyle's attack on Cosco - The US plan to "kick" the Chinese out of Piraeus
- Operation "Endgame": How Europol and ELAS arrested the mastermind of an international cyberattack network in Attica
- Three years in prison and a fine of 3,000 euros for the 63-year-old who abused cats in Donoussa - I love them, he said at the trial