Greek Authorities Announce Investors For Piraeus And Thessaloniki Port Tenders‏

Greek Authorities Announce Investors For Piraeus And Thessaloniki Port Tenders‏

Eight investment groups expressed interest in a tender to buy 67 pct of equity capital in Thessaloniki Port Organization, the Hellenic Republic Asset Development Fund said.

They are APM Terminals, B.V., Deutsche Invest Equity Partners, GmbH, DufercoParticiption Holding, SA, International Container Terminal Services, Inc, Mitsui & Co., Ltd., P&O Steam Navigation Company (DP World), Russian Railways JSC / GEK TERNA S.A. and Yilport Holding,Inc
 
The Hellenic Republic Asset Development Fund also announced that its privatisation advisors will evaluate all bids before submitting their recommendations to the board of HRADF for the candidates to be included in the next phase of the tender.
 
The Fund board also approved the five investment groups to be included in the second phase of a tender to sell a 67 pct equity capital in Piraeus Port Organization (OLP). They are APM Terminals, B.V. COSCO (Hong Kong) Group Limited, International Container Terminal Services, Inc, Ports America Group Holdings and Utilico Emerging Markets Limited.
 
These investors will have access to detailed data over the assets of the port and the terms of the tender procedure.
 
The board meeting also approved the final plan of a concession contract for the exploitation of the first group of tourism harbors (Alimos, Poros, Hydra, New Epidavros), with the submission of biding bids expected in July 2014.

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