More progress on the Greek Ports Privatization Process

By | 2022 Newsletter week 37 | No Comments

On September 8, 2022 the board of the Hellenic Republic Asset Development Fund was about to approve the documents of the candidates in the tender for the sale of the 67% of the Igoumenitsa Port Authority, while on September 22 will be the final deadline for the submission of binding financial offers for the port of Alexandroupolis.

So far, three are the submitted binding offers for the Port of Igoumenitsa (ATTICA S.A – AKTOR CONCESSIONS S.A., GRIMALDI EUROMED S.p.A. – MINOAN LINES and Thessaloniki Port Authority), while further development we will probably see after September 15.

As far as the Port of Alexandroupolis is concerned, within the framework of the Greek-American defense cooperation (Mutual Defense Cooperation Agreement – MDCA) the port is used by the American armed forces for the transfer of war material to Europe. In this tender, two investment partners are participating. On the one hand is Quintana Infrastructure & Development and on the other hand the consortium of Black Summit Financial Group, Euroports, EFA Group and GEK TERNA, as well as the consortium Cameron S.A., Goldair Cargo S.A. and Bollore Africa Logistics.