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Today marks a momentous occasion, not only for Igoumenitsa but for the entire Epirus region. It embarks on a transformative journey into a new era, starting from its largest port. Prime Minister Kyriakos Mitsotakis conveyed this at the ceremony for the majority sale of shares (67%) of the Igoumenitsa Port Organisation to a joint venture led by the esteemed Italian Grimaldi group.

Prime Minister Kyriakos Mitsotakis
Prime Minister Kyriakos Mitsotakis

Mitsotakis lauded the handover of the port’s management to the Grimaldi group. It is a pivotal moment that promises significant advancements for both the national and local economies. He emphasized that this venture signifies a crucial investment, yielding substantial revenues for the Hellenic Republic Asset Development Fund (HRADF). It also amasses more than 84 million euros. This infusion of capital aims to act as a dynamic catalyst for job creation and an enhanced quality of life throughout Western Greece.

Moreover, the Prime Minister did not fail to underline Igoumenitsa’s significance. He dubbed it the country’s third-largest port and a critical gateway, intricately woven into the national supply chain. It serves as the portal to Europe, as well as connecting passengers and goods between Italy and Greece. Simultaneously, it is a pivotal hub that unites the Ionian and Adriatic regions with the broader southeastern Mediterranean. Therefore, this development project is much more than a regional affair. It is a transformation of an international port, as well. One that will leave an indelible mark on various facets of economic and social life.

Mitsotakis also revealed that the transformation of Igoumenitsa is just the tip of the iceberg. He spoke of complementary projects set to unfurl in neighboring areas such as Sivota, Plataria, and Sagiada. He suggested that the prefecture of Thesprotia will emerge as a multifaceted tourist destination. With the potential to attract cruise ships and yachts, it will revive the local economy and tourism sector.

Lastly, the Prime Minister revealed that the Grimaldi group’s ambitions extend to the port of Heraklion in Crete. The impending sales contract for this venture will be inked in the near future. Notably, Mitsotakis shared a significant revelation from the president and CEO of the Grimaldi group, Emmanuel Grimaldi. Grimaldi plans to introduce cutting-edge decarbonization technology to the port of Igoumenitsa. The ultimate goal is to make it a paragon of environmentally friendly practices. This commitment aligns seamlessly with the global shift towards a greener, more sustainable future. It will position Igoumenitsa as a beacon of hope in the ongoing fight against climate change.

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