Greece has unveiled plans to develop the port of Alexandroupoli, in the country's north, in a bid to improve the transportation of goods to the Balkans and Russia, for those looking to sidestep Turkey, company officials said.
In a presentation of the business plan late last week to local prefecture authorities, Alexandroupolis port chief executive Stamatis Andrianopoulos said that improvements to the port, located close to the Greek Turkish border, would provide transporters with an alternative to shipping goods through Turkey's Bosphorus straight.
This could be done in a cheaper and faster way through the port of Alexandroupolis, he said, adding that the train link to the Greek port must first be improved.
The northern Greek port has one of the largest piers in Greece and available space for the construction of logistics facilities, he added.
Greece has privatised two of the country's largest port in Piraeus and Thessaloniki, but the left wing government is switching business model, opting for privatisations that lease out port facilities on a long term basis to investors rather than selling them to investors.
The business plan also include the construction of a new marina in Alexandroupoli amidst growing demand from Turkish boat owners in Istanbul looking to anchor their boats in the Greek city.