In 2008, the ancient Greek port of Piraeus embarked on a new chapter when the Chinese operator COSCO took over its management. This strategic partnership has breathed new life into the historic port, turning it into a modern hub of international trade.
Over the past decade, Piraeus has witnessed a remarkable seven-fold increase in its throughput. This surge not only highlights the port's growing significance in global commerce but also underscores the effectiveness of COSCO's management strategies. Enhanced infrastructure, streamlined operations, and increased connectivity have been pivotal in this transformation.
The benefits of this growth extend beyond economic metrics. Workers at Piraeus have experienced substantial improvements in their lives and the lives of their families. Enhanced job security, better working conditions, and increased opportunities for professional development are among the positive changes reported by the workforce.
This successful revitalization of Piraeus serves as a model for how international collaborations can rejuvenate historical infrastructures, fostering economic development and improving community well-being. As Piraeus continues to thrive, it stands as a testament to the enduring legacy of the Silk Road and its modern incarnations.
Reference(s):
The Call of the Silk Road: An old Greek port offers new opportunities
cgtn.com
