Piraeus Port II

20050188
Date of entry
12/07/2005
Beneficiary
Piraeus Port Authority S.A.
Location
• Greece
• Piraeus.
Description
The project comprises the extension of an existing pier and back-up area, plus
investment in new equipment and machinery to increase capacity at the Neo
Ikonio Container Terminal.
Objectives
Present container terminal facilities in the Piraeus Port restrict throughput to
some 1.6M TEUs/year. The project is therefore necessary to further develop
the role of Piraeus as an important hub in the East Mediterranean container
trade and the Port’s strategic role with regard to Middle East and Black Sea
traffic. The project will improve the efficiency of port operations and help to
meet growing demand for container import/export and transshipment capacity.
Comments

Sector(s)
• Transports
Proposed EIB finance
EUR 35 million.
Total cost
Approximately EUR 70-75 million.
Environmental aspects
The project (extension of Ikonion Pier I and backup area) falls under Annex II
of the EIA Directive 97/11. The Environmental aspects of the project have
been studied under the Master Plan for Piraeus Port 2004-2009, and the
competent environmental authority (Ministry of Environment - MoE) is
reviewing the studies. The MoE has determined that no separate EIA will be
required for the works at Pier I, as the project's environmental aspects are
already covered by the Master Plan. The process for review of the 2004-2009
Master Plan - in particular the decision by the competent authority whether to
 require an EIA for this new Master Plan (there was an earlier EIA for an old
Master Plan 1994-2000, which gained its approvals in 1996), the status of any
public consultations, and the mitigation measures proposed and their timing,
including quarry rehabilitation works, will be reviewed during appraisal. No
impacts are expected on Natura 2000 areas. This will be confirmed during
appraisal.
Procurement
Project components have been or will be procured in accordance with
applicable EU Directives on Public Procurement, with publication in EU
Official Journal as required. This will be confirmed during appraisal.
Status
Signed - 21/10/2005.