Saturday October 25, 2014 Search
Weather | Athens
19o C
12o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Plans for regional airport concession, development

 Investors will bid for two groups of 7 up to 11 air terminals

By Giorgos Lialios

Twenty-one regional airports will be split into two groups to be conceded to private investors for a period of about 30-35 years, the government announced on Thursday, without saying how much the project was expected to raise in state revenues.

The plans that Development Minister Costis Hatzidakis and state privatization fund (TAIPED) chief executive Yiannis Emiris presented on Thursday generally provide for airports on mainland Greece, the Ionian islands and Crete to comprise one group, and others on the Aegean islands to make up the other.

Group 1 will consist of Thessaloniki, Corfu, Zakynthos, Cephalonia, Aktio, Kavala and Hania airports, with an option for the investor to add those of Alexandroupoli, Araxos and Kalamata. Group 2 will be the terminals on Rhodes, Kos, Myconos, Santorini, Skiathos, Mytilene and Samos, with the additional option of Chios, Limnos and Karpathos. Nea Anchialos Airport near Volos may be added to either of the groups.

Emiris explained that it is only the operation and development of the airports that will be conceded, while the state will retain ownership and monitoring rights through the Civil Aviation Authority.

Tenders will start immediately and concession contracts will last 30 to 35 years, with an extension option. Crucially, investors will be able to utilize the area around the airports by creating commercial parks.

Private investors will be expected to bring the airports up to the standard of Athens International Airport (AIA), and Emiris stated that this would entail an investment of some 200 million euros for each.

Only after the upgrade is completed will airport charges be allowed to be increased.

Hatzidakis said that the country’s other airports will be run by the Regional Airport Management Company, and that next year the special tax imposed on travelers using AIA will be replaced by a common charge for all Greek airports, with part of the revenues going toward small airstrips and subsidizing unpopular routes.

ekathimerini.com , Thursday March 7, 2013 (21:52)  
TAIPED waits for green light from Eurostat
Trade deficit shrinks on big drop in imports
SMEs unable to claim subsidies
Taxes kept growing in second quarter
Athens, Nicosia satisfied by EU leaders´ stance toward Ankara
A reference in Friday’s European Council conclusions calling on Turkey to respect Cyprus’s sovereign rights left Athens and Nicosia content with the outcome of the European Union leaders’ su...
Suspended policeman chief suspect in cousin’s murder
A 27-year-old police officer who has been suspended from duty since 2013 for extortion, is being treated as the chief suspect in a murder committed in a suburb of Piraeus on Thursday. Police...
Inside News
BASKETBALL
A win is a win is a win for Olympiakos
A bad Olympiakos defeated a worse Laboral Kutxa 63-57 to make it two out of two in the Euroleague on Friday. In a game where the two teams had an overall field goal rate of about one in thre...
SOCCER
Panathinaikos snatches point at Eindhoven
Panathinaikos offered its fans a glimpse of its glorious past in European competitions snatching a draw at PSV Eindhoven, on an otherwise bad night for Greek soccer in the Europa League, as ...
Inside Sports
COMMENTARY
Tension for tension’s sake?
It is evident that Turkish President Recep Tayyip Erdogan feeds off tension. He would barely have achieved as much as he has – and prevailed – if he had not been so keen to confront a series...
EDITORIAL
Testing ground
The Regional Authority of Attica is a good testing ground for politicians who appear to thrive on accusations to prove whether they can actually solve major problems of a practical nature. T...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. A win is a win is a win for Olympiakos
2. TAIPED waits for green light from Eurostat
3. Trade deficit shrinks on big drop in imports
4. SMEs unable to claim subsidies
5. Taxes kept growing in second quarter
6. Thessaloniki Port expects 2014 to be record year
more news
Today
This Week
1. Woman killed in tram accident in Floisvo, south of Athens
2. Clocks to go back 1 hour on Sunday
3. Venizelos slams Turkey for 'flagrant violation of international law' off Cyprus
4. ECB vies for third time lucky in European stress tests
5. ECB bank assessment to show 6-billion-euro capital gap, Citi says
6. Cyprus GDP upgrade seen as boosting bailout exit plans
Today
This Week
1. The past, present and future of the Greek debt crisis
2. Greece’s closed society is central to its current malaise
3. Greece must stick to reforms, says Schaeuble
4. At least 11 banks to fail European stress tests, three in Greece, report says
5. Cyprus to block Turkey's EU talks after EEZ violation
6. Samaras’s crumbling Greek exit lacks backing from economists
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.