Binding bids for Piraeus port expected by Dec 15 at the latest, sources say
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
Hiker Dies in Accident on Mount Olympus, Second is RescuedPanos - Dec 11, 2017
One of two hikers that became trapped on Mount Olympus has died while the second was successfully rescued in an…
Fourth review of Greek bailout to include all the thorny issues left for lastPanos - Dec 11, 2017
With the third review of the ongoing Greek bailout more-or-less achieved effortlessly and on time, attention will soon turn to…
PM Tsipras: Only with respect to the international law we can live peacefullyPanos - Dec 11, 2017
Only through cooperation, solidarity and respect to the international law and the international treaties as the Lausanne Treaty, we can…