A slightly revised, according to press reports, 800-million-euro master plan by the Cosco-managed Piraeus Port Authority will be submitted to a relevant shipping ministry committee on Friday, by all accounts.
The master plan retain a project to build a fourth terminal at the port.
In a related development, the container port within PPA broke the three million-teu threshold in the first seven months of 2019.
As previously reported, the draft master plan does not include the construction of a shopping mall, but rather a small shopping arcade, to open exclusively for purchases by cruise ship passengers.
The plan also does not include the creation of a super yacht repair yard or the prospect of a shipyard license, given that PPA's management has taken recourse to the Council of State (CoS).
