Listed among Ports of International Interest, the port of Piraeus is one of the five Greek ports included in the core network of the Trans-European Transport Network (TEN-T).

PPA – the largest port in Greece and among the biggest in the Mediterranean – is a growth driver for international trade and the local and national economy. It is also a hub for the coastal connection of the islands with mainland Greece, an international cruise centre and a transit trade centre for the wider Mediterranean, serving ships of all types and sizes.

In August 2016 the majority stake of 51% of Piraeus Port Authority S.A. was transferred to Cosco (Hong Kong) Group Limited and a further 16% of the shares were transferred in October 2021.

In the same context, the revised concession agreement between the Greek State and PPA S.A. was signed on 24 June 2016 and ratified by Law 4404/2016. The revised concession agreement provides for the obligation of PPA S.A. to prepare a new master plan and to carry out certain mandatory investments amounting to EUR293.7M.

Pursuant to article 159 of Law 4635/2019, the “Hellenic Republic Asset Development Fund S.A.” (HRADF S.A.) acts as the Planning Authority, responsible to co-ordinate the Strategic Environmental Impact Assessment Study (SEIA) consultation process and the licensing of the port’s investments plan.