The process for the sale of Skaramagas Shipyards in West Attica to George Procopiou is irreversible, state officials note after the tenders the company’s special administrator and the Hellenic Public Properties Company conducted.
PRIVATIZATIONS
Investment interest in the concession contract for the Athens beltway, Attiki Odos, exceeded expectations with a total of eight bids submitted by Thursday, vindicating the estimates by state officials who had spoken of a strong presence of foreign investment and construction groups.
Eight companies and consortiums are interested in bidding for the concession to run the Attiki Odos, the main motorway around Athens, the Hellenic Republic Asset Development Fund (HRADF) announced on Thursday.
Market sources say at least four bidders will vie for the concession contract for Attiki Odos, the tender concerning the biggest project operation in the country.
The life span of the Hellenic Financial Stability Fund (HFSF) has been extended until 2025, so that the bank bailout fund will have until then the opportunity to complete its divestment from the banks and have their full privatization achieved.
The deadline for the submission of investor interest in and proposals for the utilization of the Kaiafas spa and lake, partly or entirely, has been extended till May 20, the Hellenic Public Properties Company (ETAD) announced on Thursday.
Another six-month delay is to be imposed on the process for the privatization of troubled Larco General Mining & Metallurgical Co SA.
Piraeus Port Authority (OLP) reacted to the recent court decision that temporarily paused construction at its Cruise Terminal Expansion Project, stating that it is “committed to implement its large-scale investment plan in the country.”
Greece’s highest administrative court has pulled the brakes on an investment plan for the country’s biggest port that was part of the 2016 concession agreement between Piraeus Port Authority (OLP) and China’s Cosco Shipping.
Greece’s highest administrative court has pulled the brakes on an investment plan for the country’s biggest port that was part of the 2016 concession agreement between Piraeus Port Authority (OLP) and China Ocean Shipping Company (Cosco). The judges at the Council of State on Monday ruled that previous approvals of the so-called master plan for […]
The Council of State, Greece’s highest administrative court, has approved the concession contract for the Thriasio Logistics Center, Kathimerini understands, completing the inspection on the legality of the 150-million-euro investment.
Lamda Development and its partners will deliver four new hotels, 27 villas, 100 maisonettes and 200 apartments in the Elliniko Marina Tower in the next five years.
The consortium of Mytilineos, Rover Maritime and HDK has been chosen for the expansion of the sixth dock at the port of Thessaloniki, a project budgeted at 150 million euros.
The Larnaca Port and Marina redevelopment project is expected to significantly reinforce the Cypriot economy, contributing an estimated 100 million euros or more per year, Cyprus’ Minister of Transport, Communications and Works Yiannis Karousos said on Friday.
The Hellenic Republic Asset Development Fund (TAIPED) launched a tender process on Tuesday for the development of a mega-yachts marina in Corfu in the framework of its strategy for highlighting assets with a strong local footprint and enhancing tourism development and growth.
Greece is set to sign off this year on a long-term concession for its longest highway and a gas company sale, helping it meet an annual 2.2-billion-euro revenue target from state assets, a Greek source close to the talks said on Monday.
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