The Greek prime minister George Papandreou met senior executives of Cosco, China’s state-controlled shipping and ports group, last week in an effort to persuade them to participate in a scheme to build a €200m logistics centre near Athens.
The Chinese group took control last October under a 35-year concession agreement of a container terminal at Athens’ port of Piraeus. It plans to expand the terminal as a hub for container trade between Asia, the Mediterranean and the Black Sea.
