BUSINESS

Avax-led consortium tables best offer for Metro Line 4

GIORGOS LIALIOS

TAGS: Transport, Business

The consortium of Avax SA with Ghella and Alstom will likely be the winning bidder in the tender for the construction fo Line 4 of the Athens metro, following Monday’s opening of the two rival bids that were only separated by 21.4 million euros in a €1.3 billion project.

Attention is now turning to the other bidder, the Aktor-led consortium, and whether it will dispute the result of the tender.

The Avax-led consortium offered a discount of 12.19% and a price of €1.158 billion, against a 10.57% discount and a price of €1.18 billion from its rival.

Line 4 will link Alsos Veikou in Galatsi to the city center and then on to the eastern suburb of Goudi.

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