BUSINESS

Two bids for Thessaloniki freight center

NIKOS ROUSSANOGLOU

TAGS: Privatizations

Two groups have expressed an interest in the first stage of the tender by Gaiaose for the utilization of the 670,000-square meter plot the railway property company controls at the old Gonou military camp in western Thessaloniki.

GEK Terna, an Athens-listed construction and energy group, and Belterra, a company controlled by Greek-Russian entrepreneur Ivan Savvidis, submitted nonbinding offers for their participation in the second stage of the tender. It concerns the area destined for the development of a freight and transit center to serve the port of Thessaloniki and the broader region of northern Greece.

The submission of binding bids is seen happening by the end of the first quarter of next year, while the contracts for the start of the investment are not expected to be signed before the end of 2018 or early 2019.

Notably, part of the plot is currently being leased to the company that is constructing the Trans Adriatic Pipeline (TAP) as a distribution center for pipes for the natural gas project’s construction sites. The lease contract is set to expire at end-2018.

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