Kikilias: Shipping, shipbuilding, ports, and energy are the drivers of growth

According to the Minister of Maritime Affairs and Island Policy, these are the factors that will shape the development of trade and international relations over the next 25 years.

Kikilias: Shipping, shipbuilding, ports, and energy are the drivers of growth

This article is an AI translation of an original piece published in Greek. Read original

The Minister of Shipping and Island Policy, Vasilis Kikilias, speaking at the Athens Defense Conference organized by the Delphi Economic Forum in collaboration with the Hellenic Foundation for European and Foreign Policy (ELIAMEP).

As the minister noted, Greece supports the green transition of the shipping industry; however, relevant decisions must be made with the participation of member states and the shipping community, rather than being imposed without them.

Mr. Kikilias emphasized that over the next 25 years, shipping, energy transported by sea, shipyards, port infrastructure, and marinas will determine the development of trade and international relations. “The sooner we invest in these sectors, the sooner we will be able to take a leading role, he noted, emphasizing that the country must invest in the sectors that have historically been the driving force of the economy and have created opportunities for growth and employment.

Referring to the role of Greek ports, he noted that the Draghi report on the competitiveness of the European Union highlights the strategic importance of European shipping and ports. As he pointed out, a cohesive network of ports connecting the north, the south, and the islands can act as a catalyst for the country’s development, while the revival of the Greek shipbuilding industry could become one of the key heavy industries of the Greek economy.

He also made special mention of the port of Alexandroupolis, which he described as a strategic hub for Europe, noting that the return of American investments to Greece is now a reality. As he said, the port’s role can be further strengthened through new energy infrastructure, its participation in the Vertical Corridor, and its use as an energy storage hub.

Responding to a question about fleet modernization and the financing of the necessary infrastructure, he argued that a combination of public and private capital is required, the use of European programs, as well as public-private partnerships wherever feasible. At the same time, he advocated for attracting foreign investment so that development projects can gain greater momentum.

Referring to foreign policy, he emphasized that Greece must maintain an active dialogue with all its counterparts and constantly seek allies, noting, however, that public statements on sensitive geopolitical issues must be made with restraint and only when there is full knowledge of the negotiations.

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