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Just One Bid for Greece Rail Project

Greece has received only one bid to build and run a new rail freight terminal outside Athens, a project it has been trying to get underway for years, the country's transport ministry said on Tuesday. The bid is from ETBA, a unit of Greece's Piraeus Bank which develops and manages industrial parks, in collaboration with Goldair, a domestic firm offering cargo and logistics services, the ministry said. The selected investor will build and operate the terminal at Thriasio for 60 years under a 250 million-euro ($280 million) investment plan which will create a new rail freight transport hub linking up with Greece's largest port of Piraeus.