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
AEK Athens drawn against Dynamo Kyiv in Europa League final 32makis - Dec 11, 2017
AEK Athens will face Ukrainian team Dynamo Kyiv in the final 32 knock stage of the Europa League. Games will…
Moment of explosion at New York stationmakis - Dec 11, 2017
The New York Police Department says it is responding to a report of an explosion near Times Square. The response…