Posted on April 19, 2016

A Chinese shipping conglomerate is in advanced talks with a Greek real estate developer and logistics provider, about jointly bidding to build and operate a rail freight terminal near Athens, a Greek newspaper reported.

Greece has launched a tender for the 250 million euro ($283 mln) project to build the terminal at Thriasio near Athens, which would have access to the country’s railway network and its biggest port at Piraeus.

Last week a Chinese shipping company signed a deal to buy a 67 percent stake in Piraeus Port, a move which fits with the group’s plan to build a European transhipment hub.

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