Tuesday April 28, 2015 Search
Weather | Athens
14o C
09o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Qatar withdraws from tender for Elliniko

Qatar has pulled out of the bidding for the development of the site of Athensís former international airport at Elliniko. The tender details issued by the Hellenic Republic Asset Development Fund (TAIPED) last week were only picked up by three interested parties instead of the four that the fund had short-listed for the second round of bidding.

The three bidders that are still in the running for the development and utilization of the Elliniko plot are Israeli-based Elbit Cochin Island Ltd, the Latsis Groupís Lamda Development SA and Britainís London & Regional Properties.

According to the terms of the tender, the three suitors will have to submit their business plans for the development of Elliniko within six months.

The Qatari Diar Real Estate Investment Co, a subsidiary of the Qatar Investment Authority (QIA) that had initially taken part in the tender, did not come to sign the documents of confidentiality to receive the tender details for Elliniko.

Qatarís departure from the tender constitutes a blow for the tender, as it will reduce the level of competition for the property. QIA manages some $100 billion euros and was seen as one of the most desirable suitors in the project. This of course does not suggest that the three remaining suitors are not strong entities, with Elbit now emerging as the favorite for the tender.

Meanwhile the Finance Ministry confirmed on Tuesday the targets of the governmentís privatizations program. Minister Yannis Stournaras and TAIPED chief Takis Athanasopoulos agreed in a meeting that at least five sell-off projects will have to be completed in the first quarter of the year and another 11 will need to get going within the first half of 2013. Among the privatizations that must be completed by end-March is that of the OPAP gaming company.

According to a high-level ministry official, besides OPAP, TAIPED will have to complete the projects concerning the Public Gas Corporation (DEPA), the gas transmission network operator (DESFA), and the properties at Afandou on Rhodes and Cassiope on Corfu.

The TAIPED board is scheduled to convene on Wednesday to approve the terms of the contracts for the privatization of DEPA and DESFA.

ekathimerini.com , Tuesday Jan 15, 2013 (23:04)  
Austrian FinMin hopes Greek debt team reshuffle brings progress
Coeure says Grexit not a scenario ECB is working on
Bank of France chief says negotiating team reshuffle could help progress
Half of investors expect Greece to leave eurozone within 12 months, says Germanyīs Sentix
Minister calls for resignations over television blackout
Alternate Minister of Infrastructure, Transport and Networks Christos Spirtzis on Tuesday called for the resignation of the entire Hellenic Telecommunications and Post Commission (EETT) foll...
Greek, Turkish Cypriot leaders to meet May 2, says government spokesman
NICOSIA - Cypriot President Nicos Anastasiades will meet the newly elected leader of the divided island's breakaway Turkish north, Mustafa Akinci, on May 2 in an attempt to push stalled peac...
Inside News
BASKETBALL
Rethymno defeats in-form AEK on Crete
AGO Rethymnou put an end to a positive string of results for in-form AEK, while PAOK survived a strong challenge by Kolossos Rhodes in Thessaloniki in yet another exciting weekend of basketb...
SOCCER
Panathinaikos beats Xanthi to rise to second
Panathinaikos jumped back up to the second spot of the Super League after its home win over Xanthi on Saturday, as PAOK slumped to third due to its draw at home with PAS Giannina on Sunday. ...
Inside Sports
COMMENTARY
The Good, the Bad and the Ugly
It is so exhausting and unpleasant for average Greek citizens to keep hearing for weeks now that the countryís cash reserves will run out in two months, one month, next week, and especially ...
EDITORIAL
Better late than never
Three precious months were lost in the governmentís negotiations with the countryís international partners and creditors, as some of its officials wasted time on their own self-promotion, ha...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
†RECENT NEWS
1. Minister calls for resignations over television blackout
2. Greek, Turkish Cypriot leaders to meet May 2, says government spokesman
3. Austrian FinMin hopes Greek debt team reshuffle brings progress
4. Coeure says Grexit not a scenario ECB is working on
5. Greek PM says people may have to rule on creditor deal [Update]
6. Bank of France chief says negotiating team reshuffle could help progress
more news
Today
This Week
1. Creditors to demand extra measures of 3 bln euros
2. Plan on the cards for flat VAT rate of 18 pct
3. The Good, the Bad and the Ugly
4. Greek PM says initial deal in bailout talks 'very close'
5. No trolley buses from 11 a.m. to 4 p.m.
6. Half of investors expect Greece to leave eurozone within 12 months, says Germany's Sentix
Today
This Week
1. Greek government's popularity takes a hit as talks drag on
2. Denialism
3. Europe's collision course with Greece
4. It's up to the Greek government to ensure deal with lenders, says ECB's Coeure
5. Leaving the past in the past
6. Greeceís day of reckoning inches closer as debt payments loom
†††Find us ...
††... on
Twitter
†† ††... on Facebook ††
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.