The contract was signed by the CEO of ThPA S.A., Dr. Ioannis Tsaras, the representative of the consortium and CEO of METKA ATE, Dinos Benroubi, as well as the Vice President of TEKAL S.A., Argyro Psaltakou. The project forms part of Mandatory Investment 1 under the Concession Agreement between the Hellenic Republic and ThPA S.A., and is considered a pivotal investment for the country’s port infrastructure.
According to the company, the expansion of Pier 6 includes an additional length of 513 meters, a width of 306.5 meters, as well as extensive dredging works in the approach channel. Upon completion, the Port of Thessaloniki will be able to accommodate ULCV vessels of up to 24,000 TEU, strengthening its capacity to operate as an international hub for Southeast Europe.
The total project budget amounts to €195.6 million, with an estimated implementation period of 40 months. Funding will come from ThPA S.A.’s own capital and bank financing, which will be finalized at a later stage.
The infrastructure upgrade is expected to increase the capacity of the Container Terminal from 650,000 TEU to 1.5 million TEU, significantly enhancing the port’s competitiveness against other regional cargo distribution hubs.
