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State attempts to drum up interest in Skaramangas Shipyards

State attempts to drum up interest in Skaramangas Shipyards

Four candidate investors will likely vie for Skaramangas Shipyards, which is expected to play a central role in the program for building Hellenic Navy frigates.

With the July 7 deadline for binding offers looming large, the state is attempting to attract more suitors to the two partial tenders by reducing the asking price by 45% for the property that the Hellenic Public Properties Company (ETAD) controls and the payment of the price in four installments.

The 700,000-square meter shipyards is split into two plots which are up for grabs, with the second property controlled by the company’s special administrator.

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