Greece pushes back deadline for Kasteli airport bids to May 6

18 February 2016
739 Views

Greece has pushed backed the deadline for binding bids to build and operate a new airport on the island of Crete by about two months to May 6 to give investors more time to prepare offers, an infrastructure ministry official said on Thursday.

The government, which signed up to a third international bailout last summer and is craving investments to help return its ailing economy to growth, had set a Feb. 23 deadline.

Greece is one of Europe’s top tourist destinations and Kasteli, a 850-million-euro ($947 million) build and operate project, will become its fourth-biggest airport in terms of traffic, replacing Crete’s outdated Heraklion airport, which is struggling to handle nearly 2.6 million tourists a year.

“There has been a lot of interest by investors who have asked for an extension in the consultations to have more data available and get better-prepared for their final bids,” the official told Reuters, declining to be named.

France’s Vinci jointly with Greece’s Ellaktor, and Spain’s ACS with GEK-Terna, were expected to bid, two officials from the Greek companies told Reuters on condition of anonymity.

China State Construction Engineering in a joint venture with Zurich Airport are also interested in the project, according to the ministerial decision which extended the deadline.

Greece had made several fruitless attempts to build the facility since 2010 but its debt crisis scared investors away.

You may be interested

Infectious Disease Committee ‘green light’ re-opening of high schools on February 1st – The measures from January 25th
GREECE
shares25 views
GREECE
shares25 views

Infectious Disease Committee ‘green light’ re-opening of high schools on February 1st – The measures from January 25th

makis - Jan 22, 2021

The experts of the Committee of the Ministry of Health gave the “green light” on Friday for the opening of…

EU teleconference Summit: Concerns over Covid-19 mutations and delay in vaccines
GREECE
shares21 views
GREECE
shares21 views

EU teleconference Summit: Concerns over Covid-19 mutations and delay in vaccines

makis - Jan 22, 2021

PM Mitsotakis’ proposal for a European vaccination certificate, which would facilitate travel without the need for a coronavirus test for…

Crete is the most popular holiday destination for Brits
GREECE
shares38 views
GREECE
shares38 views

Crete is the most popular holiday destination for Brits

Panos - Jan 21, 2021

Crete is the most popular holiday destination for this year’s tourist season for the Brits, according to online searches made in…

Leave a Comment

Your email address will not be published.