Binding bids for Piraeus port expected by Dec 15 at the latest, sources say

18 November 2015
85 Views

A revision of a concession contract signed between Piraeus Port Authority and the Greek state, needed to pave the way for the privatization of the port of Piraeus, has not been completed yet, an official of Hellenic Republic Asset Development Fund (HRADF) told ANA-MPA on Wednesday, adding that a consultation on the issue was currently underway with all interested ministries.

He said that a revised contract -currently under consultation- was accessible in a special web page to all official candidate investors (Cosco, APM Terminas and ICTS) who are able to submit their observations ahead of an anticipated purchase of a majority stake in the organization.

According to sources, submission of binding offers by the three candidates are expected to have been completed by December 15 at the latest, while Cosco and APM Terminals are said to continue showing strong interest in the investment.

Piraeus Port Organization is currently under an audit control for the 2014 results and for the nine-month results this year.

You may be interested

48% of Greeks say the country benefited from EU
FINANCE
shares69 views
FINANCE
shares69 views

48% of Greeks say the country benefited from EU

makis - Oct 17, 2017

48% of Greeks believe the country has benefited from the EU in 2017, a 4-point rise compared to 2016, according…

Tsipras-Trump meeting underway
POLITICS
shares75 views
POLITICS
shares75 views

Tsipras-Trump meeting underway

makis - Oct 17, 2017

The meeting between the US President Donald Trump and the Greek Prime Minister Alexis Tsipras in the White House has…

Mitsotakis’ meeting with Jean Claude Juncker and the Communications Task Force
POLITICS
shares113 views
POLITICS
shares113 views

Mitsotakis’ meeting with Jean Claude Juncker and the Communications Task Force

makis - Oct 17, 2017

Kyriakos Mitsotakis is set to attend the European People’s Party summit in Brussels. On the 18th and 19th of October…

Leave a Comment

Your email address will not be published.