ECONOMY

Greece to auction off railroad projects worth 3.3 bln euros ‘in near future’

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Greece plans to auction off railroad projects worth 3.3 billion euros throughout Greece “in the near future” using the turnkey approach, Infrastructure & Transport Minister Kostas Karamanlis revealed on Wednesday.

It would be “the largest package of railroad works to ever happen in Greece,” the minister told the Athens ESG & Climate Crisis Summit organized by Kathimerini newspaper at the Stavros Niarchos Foundaiton Cultural Center.

“The railway projects help our country to play a role in logistics and are fully in line with the issues of climate change,” he said.

The plan is to link ports with railroad lines, logistics centers, and Thriassio 1 and 2 — the freight hubs west of Athens.