Four bidders express interest in Athens metro expansion project
Four bidders have expressed interest in Greece’s tender for a 1.45 billion euro ($1.70 billion) project to expand the Athens metro, state-owned Attiko Metro said on Thursday.
The interested investors are Greek contractor GEK Terna with France’s Vinci and Siemens; J&P Avax with Italy’s Ghella and France’s Alstom; Greek construction firm Aktor with Hitachi Rail Italy; Spain’s FCC with Archirodon and Mytilineos.
State-owned Attiko Metro will complete a shortlist of potential contractors by the end of the year. Short-listed investors will then have to submit technical and financial bids for the project, which will be co-financed by European funds and loans by the European Investment Bank.
Construction of the 13km expansion is expected to begin in 2019 and will be completed within eight years.
You may be interested
Nearly 1,500 refugees passed into Greece in Augustmakis - Aug 18, 2017
The number of refugees and illegal migrants that have landed in the Greek islands of the northern Aegean Sea have…
Father arrested after prostituting daughter for 5 eurosmakis - Aug 18, 2017
A father was detained by police after it was revealed that he had been allegedly prostituting his 14-year-old girl on…