Four bidders expected for Athens metro project - source
02/08/2017 12:45
ATHENS, Aug 2 (Reuters) - Four bidders are expected to show
interest in Greece's tender to build a 1.45 billion euro ($1.72
billion) project to expand the Athens metro, a source familiar
with the matter said on Wednesday.
Greece's GEK Terna will bid as part of a joint venture with
France's Vinci SGEF.PA and Siemens SIEGn.DE , a spokesman for
GEK Terna said.
Greece's Aktor HELr.AT with Italy's Ansaldobreda, J&P Avax
AVAr.AT with Italy's Ghella and France's Alstom ALSO.PA and
Mytilineos MYTr.AT with Spain's FCC FCC.MC were also
expected to bid, the source with knowledge of the matter said.
J&P Avax did not respond to a request for comment and
Mytilineos declined to comment. Aktor was not immediately
available for comment.
State-owned Attiko Metro has pushed back the deadline for
initial expressions of interest to build the 13km expansion
three times since June after requests by potential bidders. The
latest deadline is Aug. 10.
Attiko Metro has said it 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 is expected to begin in 2019 and will be
completed within eight years.
Attiko Metro will launch a separate tender in September for
contractors to carry out preparatory works before construction
of the new metro line starts, its managing director Theodoros
Papadopoulos told Reuters.
Papadopoulos said that works will include archaeological
research and moving part of public utility networks and these
were expected to start early next year.
($1 = 0.8442 euros)
(Reporting by Angeliki Koutantou. Editing by Michele Kambas and
Jane Merriman)
((angeliki.koutantou@thomsonreuters.com; +30 210 3376436;
Reuters Messaging: angeliki.koutantou.reuters.com@reuters.net))
Keywords: GREECE METRO/