One belt, one road, was successfully completed by the Piraeus port authority, which will bring new vitality to the second sides.

2021-10-29

The successful completion of the second phase equity delivery of Piraeus port authority is a milestone for promoting the model of China Greece cooperation, and shows that our overseas enterprises adhere to the cooperation concept and brand image of promoting justice and benefit, mutual benefit and win-win. Bigang ushers in a stable and sustainable development future. Recently, the Greek parliament voted and approved the "franchise modification agreement" between the Greek government and COSCO Shipping Group (hereinafter referred to as "COSCO"), and then COSCO and the development fund of the Greek Republic completed the phase II equity delivery procedure of Piraeus port authority, so that COSCO's share in the port authority finally reached 67%. The successful one belt, one road and the other 16% stock exchange of Piraeus port authority, has been milepost in promoting the Sino Greek cooperation model. It has shown the cooperation concept and brand image of our overseas enterprises, which is based on the principle of "righteousness and benefit" and "mutual benefit and win-win". It has injected new vitality into the "one belt and one road" for China and Greece to build the second sides. make rapid progress Along the way, the leap forward development of COSCO Shipping Port comparison project is obvious to all, which has brought earth shaking changes to port comparison and led to the rapid recovery of Greek economy. After COSCO acquired bigang, in addition to turning losses into profits and becoming the largest port in the Mediterranean and the fourth largest port in Europe through its excellent management and operation experience and technical advantages, COSCO also vigorously launched the overall strategic "overall development plan" for the comprehensive upgrading and modernization of ports with a total investment of 601 million euros, and responsibly fulfilled its mandatory investment responsibilities, It also put forward a series of additional investment and made scientific planning and overall management compared with the future development blueprint of the port. According to the data, up to now, the project has directly created more than 3000 local jobs and indirectly created more than 10000 jobs, bringing a cumulative direct social contribution of more than 1.4 billion euros to the local area, and its contribution to Greece's GDP will reach 0.78% in 2020. At the same time, the annual container handling capacity of the port has reached 7.2 million TEUs, raising the world ranking from 93rd in 2010 to 26th in 2020. It has developed into the largest ferry terminal in Europe, an important cruise home port in the Mediterranean, and a transfer port and ship repair center among motor vehicles. In the port area, the land and Sea Express connecting China and Europe directly leads to the hinterland of central and Eastern Europe. It is the gateway from the "21st century Maritime Silk Road" to central and Eastern Europe. In recent years, the China EU land and Sea Express line with bigang as the starting point has developed rapidly, becoming the third major channel of China EU trade radiating nine countries in central and Eastern Europe and a total population of 71 million. Despite the huge impact novel coronavirus pneumonia has seen, the turnover of COSCO Piraeus Port Limited has increased by 8.3% in the first half of 2021, including 175.1% of the cruise terminal, the automobile terminal and the ferry terminal respectively. The turnover increased by 175.1%, 34.9% and 9.7% respectively. Yu Zenggang, chairman of the board, said that the continuous growth of port comparison revenue proves that COSCO Shipping Port comparison project has strong toughness and scientific management experience. It has always operated responsibly and implemented a win-win strategy, making it firmly in the forefront of the top ports in the Mediterranean and even Europe. mutual benefit Since 2020, novel coronavirus pneumonia has brought great impact to the local society in Greece. COSCO has been carrying out its own epidemic prevention and control, ensuring the epidemic prevention materials, and actively fulfilling corporate social responsibility, giving back to the local community and making good fortune for the local community. Novel coronavirus pneumonia supplies to the Greek government and medical institutions were provided with the most stringent epidemic prevention materials. The total amount of the epidemic prevention materials exceeded 250 thousand euros was supported by the COSCO government to provide support for the Greek government and public medical institutions to cope with the new crown pneumonia epidemic situation. COSCO recently announced that it would also help Piraeus municipal government to build amusement parks and modern parks to better serve the local people. The brilliant "report card" handed over by COSCO since the operation of the bigang project has also become a strong foundation for China and Greece to jointly promote the development of the project based on the principle of "joint consultation, co construction and sharing". Greek shipping minister prakiotakis said, "due to the remarkable results of bilateral cooperation, the second phase of equity delivery of the port authority of bigang is progressing rapidly and smoothly. COSCO's investment in bigang is very important to local urban development, Greek national economy and Greek strategic position, which proves the correctness of the government's choice". In the operation and development of Belgium and Hong Kong, COSCO and the Greek government are facing the overall situation of the development of China Greece relations. Adhering to the principles of equality, mutual benefit and win-win cooperation, COSCO and the Greek government have jointly made suggestions for the sustainable development of Belgium and Hong Kong, understood each other, communicated frankly and negotiated in good faith, successfully completed the second stage equity delivery of Belgium and Hong Kong Affairs Bureau, and removed obstacles for the future investment and sustainable development of Belgium and Hong Kong, Once again demonstrated the strong resilience and vitality of the leading projects of China Greece cooperation, and actively promoted the progress of China Greece relations. Aristotle, the ancient Greek sage, once said that "close friends are like one heart". This sentence vividly illustrates the concerted efforts and concerted efforts of China and Greece to promote the stable development of the Vietnam Hong Kong project for a long time. Relevant people involved in the equity delivery said that as a true friend and good partner, it is the basic consensus between China and Greece to successfully complete the equity delivery and ensure the investment process in BIHONG Kong. China's one belt, one road cooperation project has proved that Chinese enterprises have always been seeking win-win development in the process of building "one belt and one road" cooperation, in the same respect, mutual benefit, equality and cooperation, and giving back to the community. Instead of taking advantage of local interests to gain their own development, they have interpreted the friendship between China and Greece. As Greek Prime Minister mizotakis said, the Piraeus port project is mutually beneficial, has effectively promoted Greece's economic recovery and social development, is in line with the interests of the Greek state and people, and has received the support of the Greek people. Greece also deeply understands the real meaning of the word "friend". He is willing to one belt, one road and one side, and work together with China to make Piraeus stronger and stronger. (outlook new era)

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