Wednesday September 3, 2014 Search
Weather | Athens
29o C
23o 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 countrys 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)  
Helexpo sell-off plan to be ready by mid-October
Maniatis talks energy with Washingtons man in Athens
Task force to examine cases of extreme taxation, customs issues
Hotels hike prices by 10 pct in H1 of 2014
Report points to suspicious clinic charges to EOPYY
A quarter of all the expenses submitted last year by private health clinics to EOPYY, the countrys largest healthcare provider, have been deemed suspicious and in need of further investigat...
New rector seeks to introduce ID checks at University of Athens
One day after his swearing-in ceremony was marred by protests against budget cuts and the expulsion of thousands of so-called eternal students, the new rector at the University of Athens, Th...
Inside News
Grateful Saviola thanks Olympiakos, joins Verona
Former Argentina international Javier Saviola has thanked Greek champions Olympiakos for the "beautiful moments" during his season-long stint in Greece as he left the club to join Serie A ou...
SOCCER
Greece defender Papadopoulos fires parting shot at Michel
International defender Avraam Papadopoulos suddenly quit Olympiakos on Monday to join Turkish club Trabzonspor, and fired a parting shot at Olympiakos manager Michel putting the blame on the...
Inside Sports
COMMENTARY
Politicized archaeology
Let us suppose that archaeologists discover that the tomb uncovered in Amphipolis was not the resting place of Roxana or Nearchos, but of Alexander the Great. Let us assume, that is, that ar...
EDITORIAL
Moderating expectations
Politics is, to a great extent, all about managing expectations, and anyone who raises that bar too high or too fast is at serious risk of disappointing and losing the peoples favor. In a c...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Helexpo sell-off plan to be ready by mid-October
2. Maniatis talks energy with Washingtons man in Athens
3. Task force to examine cases of extreme taxation, customs issues
4. Hotels hike prices by 10 pct in H1 of 2014
5. Pension system nears breaking point
6. Report points to suspicious clinic charges to EOPYY
more news
Today
This Week
1. Politicized archaeology
2. Rain and storms with hail expected in many parts of Greece
3. Reforms to dominate Greek talks in Paris, debt relief talks later, says source
4. New committee formed to assess progress of deregulation in closed-shop professions
5. Moderating expectations
6. Greece needs private debt overhaul, Piraeus Bank CEO says
Today
This Week
1. Thessaloniki mayor Boutaris sworn in wearing yellow star amid Golden Dawn protests
2. The battle against progress
3. Strong undersea quake occurs off island of Milos, felt in Athens
4. Hardouvelis, ECB executive discuss bank program, stress tests
5. Greek quest for debt relief faces hurdles in Paris
6. Prospect of Greek grand prix back on the agenda; huge investment needed
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.