Greece’s privatization agency (HRADF) on Thursday pre-qualified seven candidates for an upcoming binding offers phase in a tender for a majority stake in the Igoumenitsa port authority.
The port of Igoumenitsa is a modest but very strategically located facility in extreme northwest Greece, across from the Ionian island of Corfu and a few kilometers south of the border with Albania. The port lies on the western terminus of the Egnatia tollway, which spans the breadth of northern Greece and connects European Turkey’s land border with the Ionian Sea.
The winning bid in the international tender will have a right to acquire up to 67 percent of the port authority.
According to an announcement by the Hellenic Republic Asset Development Fund (HRADF) , as the semi-autonomous agency is officially called, the seven pre-qualified candidates are:
1) AEGEAN OIL S.A.
2) ATTICA HOLDINGS S.A.
3) A consortium composed of ARCHIRODON GROUP N.V.- ANEK & TRIDENT HELLAS GROUP
4) A consortium composed of GRIMALDI EUROMED – MINOAN LINES
5) PORTEK INTERNATIONAL PRIVATE LTD
6) QUINTANA INFRASTRUCTURE & DEVELOPMENT
7) THESSALONIKI PORT AUTHORITY S.A.
According to a relevant press release, “…following the signing of the relevant confidentiality agreement, the pre-qualified investment schemes will receive the documents of phase B’ (submission of Binding Offers) and will grant access to the virtual data room (VDR), where data and information related to the asset will be uploaded.
The Igoumenitsa Port Authority retains the right to exclusively use and operate buildings, land and facilities of the port land-side zone at the port of Igoumenitsa, along with the fishing shelter of Sagiada, the fishing shelter of Plataria and the marina of Sivota by virtue of a concession agreement with the Greek state.
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