ThPA: Cooperation for a new freight transport corridor in the Balkans

ThPA S.A. (Port of Thessaloniki), Hellenic Train and Bulgarian State Railways (BDZ) person signed a Memorandum of Cooperation, marking a important step toward strengthening intermodal transport and expanding supply concatenation capabilities successful Southeastern Europe.

According to a statement by ThPA S.A., the trilateral concern paves the way for the improvement of a strong obstruction freight corridor centered connected the Port of Thessaloniki, enhancing its connectivity with Bulgaria arsenic well arsenic the markets of the Balkans and Central Europe.

Based connected a shared vision of creating faster, much reliable and environmentally sustainable cargo transportation and logistics solutions, the concern focuses on:

-upgrading Thessaloniki’s obstruction connectivity,
-developing competitory freight transport services,
-reducing transit times and logistics costs, and
-promoting sustainable transportation done obstruction modernization.

Extensive Investment Program

The caller collaboration comes astatine a clip when ThPA S.A. is implementing an extended concern program, highlighted by the enlargement of Pier 6. Upon completion of the flagship improvement project, the Port of Thessaloniki will beryllium capable to grip importantly higher cargo volumes, further strengthening its presumption arsenic a modern transit hub for Southeastern Europe.

Coordinated Action

Within this framework, the Memorandum of Cooperation aims to beforehand coordinated enactment among the participating parties successful bid to accelerate captious infrastructure projects and optimize services that facilitate trade, manufacture and determination development. The inaugural is expected to make caller opportunities for serving Southeastern European markets while addressing the increasing request for reliable and businesslike transport solutions.

Conditions for More Efficient Intermodal Transport

The Chief Executive Officer of ThPA S.A., Ioannis Tsaras, stated:

“Leveraging its strategic geographical presumption astatine the bosom of Southeastern Europe, the Port of Thessaloniki aims to found itself arsenic a reliable supplier of intermodal transport solutions for the Balkans.

The signing of the Memorandum of Cooperation with Hellenic Train and BDZ represents an important step successful this direction, arsenic it facilitates coordination among stakeholders and creates the conditions for much businesslike intermodal transport crossed the wider region.

In this way, the larboard reaffirms its relation arsenic a operator of advancement for Northern Greece, acting arsenic a catalyst for large infrastructure projects that will payment some the section marketplace and the nationalist economy, while serving arsenic a multiplier of growth.”

He added:

“With the operation of the Pier 6 enlargement and the much than doubling of the instrumentality terminal’s capacity, we are substantially enhancing the port’s competitiveness and positioning Thessaloniki arsenic a captious logistics hub for the wider region. Fully leveraging this imaginable requires further upgrading obstruction connectivity, with the purpose of importantly reducing transport times and expanding environmentally affable transit solutions.”