Wednesday Jul 30, 2014 Search
Weather | Athens
32o C
25o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Greece seeking bidders for bln-dollar airport on Crete

Chinese, French, German and Spanish firms are vying to build an 800-million-euro airport on the island of Crete, one of a number of projects planned by Greece as it recovers from a recession, the infrastructure minister said.

Investment in new airports, highways and ports are key to helping Greeces ailing economy as it slowly emerges from a six-year economic slump.

Crete is considered a prime spot because of its strategic location wedged between Europe, Asia and Africa.

Athens relaunched the tender for the Kastelli airport in May, after plans to build the terminal were shelved at the peak of its debt crisis in 2011.

The country hopes Kastelli and planned road projects will help kick-start its economy.

The airport is expected to be completed by 2019 and would handle about 7 million passengers a year, mostly tourists.

Kastelli will become Greeces second-biggest airport after Athens in terms of foreign traffic.

It will replace Cretes outdated Iraklio Airport, which is bursting under the strain of handling millions of tourists a year.

Its a big deal, one of the biggest public investments in the country after the crisis, Infrastructure Minister Michalis Chrysochoidis said in an interview on Wednesday.

The winning firm will have a 35-year concession on the airport.

Companies are expected to submit their bids on November 11.

[Reuters]

ekathimerini.com , Wednesday June 18, 2014 (21:14)  
Six firms submit bids to lease Vouliagmeni beach
IMFs Lagarde not sure yet about debt relief for Greece
Deals reached for twin plot on Afandou, for 42 million
More delays and red tape for companies tax rebates
Greek foremen avoid jail after firing on migrant laborers [Update]
A Greek fruit exporter and three foremen arrested last year over a shooting attack against migrant labourers avoided jail or were acquitted altogether on Wednesday, a judicial source said. T...
Wine cup used by Pericles found in grave north of Athens
A cup believed to have been used by Classical Greek statesman Pericles has been found in a pauper's grave in north Athens, according to local reports Wednesday. The ceramic wine cup, smashed...
Inside News
VOLLEYBALL
Volleyball national team second in European League
Much as the national volleyball team tried to repeat in the finals of the European League the feat it had achieved in the semifinals, it failed to overturn the advantage Montenegro had got f...
SOCCER
Ranieri says he has little to change in Greek national team
The Hellenic Football Federation (EPO) presented Claudio Ranieri as the new Greece coach for the next couple of years, after the Italian manager signed his contract in Athens on Friday. I l...
Inside Sports
EDITORIAL
Populism eating up education
The fact that the issue of education is not topping the list of priorities for the current coalition government, but instead, has been left in the hands of incapable politicians is utterly i...
COMMENTARY
A valued but mistreated professional
I did not know much on a personal level about Dimitris Stefanou, Greeces former administrative reform general secretary who died earlier this week at the age of 46. I did, however, have a s...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Greek foremen avoid jail after firing on migrant laborers [Update]
2. Wine cup used by Pericles found in grave north of Athens
3. SYRIZA, DIMAR representatives to hold talks Thursday
4. Two of four suspects in Nea Manolada strawberry farm shooting convicted
5. Six firms submit bids to lease Vouliagmeni beach
6. IMFs Lagarde not sure yet about debt relief for Greece
more news
Today
This Week
1. IMF's Lagarde not sure yet about debt relief for Greece
2. Six firms submit bids to lease Vouliagmeni beach
3. Coalition submits new proposals for Greek coastline
4. EU Commissioner Damanaki unlikely to return to Greek politics
5. Police arrest one, seek another three over counterfeit goods
6. Two of four suspects in Nea Manolada strawberry farm shooting convicted
Today
This Week
1. Unequal after death
2. Greek sovereign debt at 174.1 percent of GDP in first quarter
3. Hedge fund Dromeus turns Greek tragedy to triumph with 160 pct gain
4. Quadriplegic woman on life support 'dies due to unpaid power bills'
5. Front-line threats
6. Defense Minister Avramopoulos to represent Greece at European Commission
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.