The Piraeus Port
Over a decade ago however, Greece was hit hard by the European debt crisis. Piraeus was struggling to stay afloat, with only 12 aged, yellow quay cranes in operation. Many ships chose to dock at other ports. Locals had to leave their home to find jobs in other countries. At the time, few countries saw Greece as an ideal place for investment. Nevertheless, Chinese enterprises made the bold decision to invest in Greece’s infrastructure, which helped revitalize the port. Since a Chinese company obtained the franchise rights of two terminals in 2008, Piraeus has been gradually turned around.
A Decade of Transformation – The Rebirth of the Piraeus Port – Global Times
