The Piraeus Port Authority on Monday announced a board decision to participate in an international tender for a logistics centre in the Thriasio industrial district, west of Athens, to be held Feb. 28.

Based on the board decision, PPA chairman George Anomeritis, accompanied by other two board members, will represent the port authority in talks.

The Piraeus Port Authority will participate with an equity stake of 15 pct in the tender, a percentage likely to reach 20 pct. Th port is interested in the project since the logistics centre in Thriasio would be linked with the Ikonio pier via a rail link, offering more combined transport services. Chinese multinational Cosco initially expressed interest in participating in the project.

The port’s board also announced a decision to transform and broaden the activities of Logistics OLP SA into a combined transport and port tourism services management company, aimed at upgrading infrastructure and cruise ship services throughout the country’s ports. The port authority will boost the company’s capital and its human resources.