We will continue to invest in Piraeus port, says Cosco' s chief Wan Min
"We will continue the investments in Piraeus port" said Cosco's general director Wan Min on Wednesday (10/08/2016) at the opening of Athens Stock Exchange (ASE) session on the occasion of the transfer of 51 percent of Piraeus Port Authority (OLP) shares to Cosco.
"We will improve the port's international position with aim to contribute in the development of the Greek economy, the strengthening of competitiveness and the creation of job positions" said Wan Min adding that the acquisition of OLP and Cosco's activity in Piraeus constitutes one of the most important international projects implemented by the Chinese group noting that the implementation of Piraeus programme will strengthen the cooperation between Greece and China and will bring Asia closer to Europe.
On his part Hellenic Republic Asset Development Fund (HRADF) Stergios Pitsiorlas wished this day to mark the Greek economy's turn to growth and expressed the hope Piraeus to become the larger port in the Mediterranean with Cosco's active participation.
The head of the ASE Sokratis Lazaridis noted that today is a very important day in the 140 year-history of the ASE as it welcomes an international giant and marks ASE's contribution in the globalised economy.
In the opening of ASE's session the majority of OLP shares passed to Cosco. A total of 12,750,000 shares were sold for 22 euros per share, totalling 280, 5 mln euros.
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