Skip to content
AidData logo

Overview

Piraeus Container Terminal S.A. provides donations to local families, primary schools, and refugees through the Government of Greece

Commitment Year•2015Country of Activity•GreeceDirect Recipient Country of Incorporation•GreeceSector•Other MultisectorFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2015

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

State-owned companies

  • COSCO Shipping Ports Limited (formerly COSCO Pacific Ltd.)

Receiving agencies

Government Agencies

  • Government of Greece

Implementing agencies

Government Agencies

  • Government of Greece

Joint Venture/Special Purpose Vehicles

  • Piraeus Container Terminal S.A. (PCT)

Loan description

Piraeus Container Terminal S.A. provides donations to local families, primary schools, and refugees through the Government of Greece

Narrative

Full Description

Project narrative

In 2015, Piraeus Container Terminal S.A. (PCT) made donations through the Government of Greece to support to refugees arriving in Europe and donated aid to poor local families and primary schools in Greece.

Staff comments

1. Piraeus Container Terminal S.A. (PCT) is a special purpose vehicle (SPV) incorporated in Greece and a wholly owned subsidiary of Chinese state-owned company COSCO Pacific Limited. PCT was established to manage Container Terminals No. 2 and No. 3 at the Port of Piraeus that COSCO Shipping took control over on October 1, 2010, after striking a concession agreement in 2008 (see Record ID#90730).