Monday Jan 26, 2015 Search
Weather | Athens
15o C
9o 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)  
Greek bond yields soar on SYRIZAís choice of govít partner
Nordbank eyes bad shipping debt deals
European markets shake off SYRIZA win in Greece
IMFīs Lagarde rules out special treatment for Greece
Greek F-16 crash in southeastern Spain kills 10
A Greek fighter jet crashed into parked aircraft during a NATO training exercise on Monday in southeastern Spain, killing at least 10 people and injuring another 13, Spanish defense authorit...
PASOK heading for party congress, leadership contest
PASOK is due to hold a party congress in March, when the leadership of the party will also be at stake, after a poor showing in the elections. Sources said that PASOK leader and outgoing Dep...
Inside News
SOCCER
Olympiakos overcomes depleted OFI at Iraklio
Easy though it may seem, Olympiakosís 3-0 win at depleted OFI Crete was rather difficult on Saturday, but was enough to keep the Reds on top on Saturday, as they have maintained their two-po...
BASKETBALL
Tremendous Spanoulis sweeps Laboral Kutxa
A hot second half was enough for Olympiakos to undo visiting Laboral Kutxa and score its fourth win in as many games at the second round of the Euroleague on Friday. The 76-64 final score wa...
Inside Sports
COMMENTARY
SYRIZAīs win will test institutions
Greece was at an impasse, with a government that did not believe in what it was doing and an opposition that declared with passionate intensity that whatever the government did was wrong and...
COMMENTARY
The challenge for Tsipras and others
A few years ago, an associate of mine who had met with Alexis Tsipras when the young politician was running for Athens mayor told me how impressed he had been by his confidence. Tsipras was ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
†RECENT NEWS
1. Greek bond yields soar on SYRIZAís choice of govít partner
2. Nordbank eyes bad shipping debt deals
3. Greek F-16 crash in southeastern Spain kills 10
4. PASOK heading for party congress, leadership contest
5. Former PM Constantinos Mitsotakis recovering after heart surgery
6. Police publish name, photograph of suspected child molester
more news
Today
This Week
1. SYRIZA heads for historic victory but without majority
2. Greek Elections 2015: The day after | LIVE
3. SYRIZA's win will test institutions
4. Tsipras forges anti-austerity coalition in challenge to EU
5. Finnish PM says ready to discuss bailout extension for Greece
6. Tsipras moves to form anti-austerity government after crushing victory
Today
This Week
1. Greek Elections 2015 | LIVE
2. Grexit the only way out of Ďvalley of tears,í says Hans-Werner Sinn
3. Greek Elections 2015 | LIVE
4. SYRIZA heads for historic victory but without majority
5. No debt writedown or rolling back of reforms for Greece, says Finland's Stubb
6. Greeks fork out nearly 5 pct of their incomes on telecom services
Advertiser Link
SMART WATER Project: Outputs and conclusions of the final conference
†††Find us ...
††... on
Twitter
†† ††... on Facebook ††
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.