Thessaloniki Port’s Master Plan gets green light

Thessaloniki Port Authority (ThPA) has announced the official approval of the Port of Thessaloniki’s Master Plan.

This significant milestone allows the authority of the Greek port to move forward with its development strategy, which includes key projects and investments aimed at upgrading and modernizing the port.

With the updated Master Plan and the Strategic Environmental Impact Assessment now approved, ThPA is set to fully implement the mandatory investments outlined in its development program. Among these, the expansion of Pier 6 stands out as a flagship project.

Furthermore, this investment is poised to enhance the port’s competitiveness and commercial activity on an international scale, enabling it to accommodate main liner container vessels with capacities of up to 24,000 TEUs.

Following the Presidential Decree’s issuance, ThPA will immediately begin the procedures required to secure all necessary permits for the Pier 6 construction projects. These permits are expected to be finalized in the coming months, paving the way for the project’s implementation.

In addition to the Pier 6 expansion, the investment programme includes the restoration and repurposing of the Old Customs Station Building. Other planned projects involve the improvement, maintenance, repair, upgrading, and reconstruction of the Greek port’s existing infrastructure.

These investments will be complemented by the integration of the port of Thessaloniki with key railway and road networks, including the Patras-Athens-Thessaloniki-Evzoni corridor and the Egnatia Motorway. Combined with optional investments, these developments will foster cross-border cooperation, strengthen the port’s competitive position, and significantly contribute to the economic growth of the city of Thessaloniki and the broader region.

Athanasios Liagkos, executive Chairman of the BoD of ThPA SA, stated: “The issuance of the Presidential Decree marks a new era for the upgrade and growth of the Port of Thessaloniki, through significant infrastructure projects and major investments. Having made mandatory and non-mandatory investments worth over US$74 million since March 2018, ThPA S.A. is fully prepared to proceed with its development planning and the Master Plan’s projects, which will have a significant contribution to and multiplying effects on the economy and society, both at a local and at a national level.”

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