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    Signature(s)

    Amount
    € 100,000,000
    Countries
    Sector(s)
    Greece : € 100,000,000
    Transport : € 100,000,000
    Signature date(s)
    8/11/2019 : € 100,000,000

    Summary sheet

    Release date
    26 June 2018
    Status
    Reference
    Signed | 08/11/2019
    20170773
    Project name
    Promoter - financial intermediary
    PIRAEUS PORT EXPANSION
    PIRAEUS PORT AUTHORITY SA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 100 million
    EUR 281 million
    Location
    Sector(s)
    Description
    Objectives

    The project concerns the expansion and upgrade of several areas of the port of Piraeus, Greece. The main project components include the expansion of the car terminal, the improvement of infrastructure of the ship repair zone, the development of a new port logistics centre, the construction of a new cruise passenger handling facility and the acquisition of new container terminal equipment. It also includes the renovation and upgrade of miscellaneous other port and electromechanical (E/M) equipment and installations to achieve the required service levels for the port operations.

    The port of Piraeus is the main sea gateway of Greece and one of the largest in the Mediterranean, since its geographical position makes it a focal contact point between the islands and the mainland, as well as an international marine tourism and transit trade center. The project includes a number of components, some of which are part of a circa EUR 300m compulsory investment programme and others in addition to this that have been selected in order to upgrade the port's infrastructure and services.

    Environmental aspects
    Procurement

    Compliance with the SEA Directive 2001/42/EC, the environmental impact assessment (EIA) directive 2011/92/EC as amended by 2014/52/EU, the Habitats Directive 92/43/EEC, the Birds Directive 2009/147/EC, the Water Framework Directive 2000/60/EC (as amended), the Floods Directive 2007/60/EC, as well as biodiversity assessment requirements, climate change adaptation issues, mitigation/compensation measures and environmental and social monitoring plans, will be assessed in detail during appraisal.

    Undisclosed information

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - PIRAEUS PORT EXPANSION
    Publication Date
    18 Jun 2019
    Document language
    Main Topic
    Lending
    Document Number
    94528907
    Document Focus
    Environmental Information
    Project Number
    20170773
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - PIRAEUS PORT EXPANSION - ΝΟΤΙΑ ΕΠΕΚΤΑΣΗ ΕΠΙΒΑΤΙΚΟΥ ΛΙΜΕΝΑ ΚΡΟΥΑΖΙΕΡΑΣ ΟΛΠ ΑΕ - ΦΑΚΕΛΟΣ ΤΡΟΠΟΠΟΙΗΣΗΣ ΑΕΠΟ
    Publication Date
    2 Feb 2021
    Document language
    Main Topic
    Lending
    Document Number
    137934437
    Document Focus
    Environmental Information
    Project Number
    20170773
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Other links

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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