The Prime Minister, Kyriakos Mitsotakis, visited the Port of Thessaloniki today to be updated on the progress of ThPA S.A.’s investment program, as well as on the implementation of the Pier 6 expansion project, the most significant private investment in Northern Greece in recent years.
The Prime Minister was welcomed by the Chair of the Board of Directors of ThPA S.A., Ms. Angeliki Samara, the Chief Executive Officer, Dr. Ioannis Tsaras, and senior executives of the Company.
During his tour of the port’s facilities, the Prime Minister visited the Pier 6 construction site, where he observed the progress of the works firsthand. He was also briefed on the project’s multiplier effects on both regional and national development, as highlighted in Deloitte’s socio-economic impact study. Particular emphasis was placed on the Port’s contribution to employment, as its full operational development is expected to support more than 52,000 jobs.
Discussions focused on the technical specifications of the project and the strategic enhancement of the Port’s capacity, reinforcing Thessaloniki’s role as a key transit hub for the Balkans, Southeastern Europe, and Central Europe.
Furthermore, ThPA S.A.’s management highlighted to the Prime Minister the need to accelerate critical infrastructure projects, such as the port’s rail and road connections, as well as to resolve outstanding issues related to dredging works in the Epanomi area. It was underlined that the immediate removal of existing delays is of vital importance, as these projects form an integral part of the Port’s long-term investment plan, one that extends well beyond the current horizon and is expected to shape the development prospects of Northern Greece for decades to come.
On the occasion of the Prime Minister’s visit, the CEO of ThPA S.A., Ioannis Tsaras, stated:
“We thank the Prime Minister for visiting the Port of Thessaloniki at a particularly important time, as one of the largest private investment projects in the city is currently underway. This project significantly upgrades the port’s overall capacity and contributes to the broader development of Thessaloniki. The expansion of Pier 6 is the flagship project of our investment program and will enable more than a doubling of container capacity, from approximately 500,000 to up to 1,500,000 TEU annually, strengthening the port’s ability to compete with major ports across the wider region.
At the same time, since 2018 we have been implementing a series of investments that are transforming the port’s profile and strengthening its connection with the city. In this context, major building infrastructure upgrades are underway, including the redevelopment of the former PAEGAE complex, which will host modern office spaces. Deloitte is set to establish one of its key European hubs there, employing 1,200 people, while judicial services and the Thessaloniki Court of Appeal will also be relocated to the same complex, in cooperation with the competent authorities.
The port is undergoing a substantial transformation; however, the full realization of these investments depends on the advancement of critical infrastructure projects, for which we have already briefed the government and will submit a detailed memorandum. State support is essential in order to address existing delays and enable the Port of Thessaloniki to fulfill the role it is called upon to play in the economy of the city and the wider region”.
The management of the Port of Thessaloniki reaffirmed the commitment of ThPA S.A.’s shareholders to the continuous upgrading of infrastructure, with the aim of providing high-quality services to all port users and partners, while creating added value for the city and the local community.
