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Greece sets July 10 deadline for Athens ring road bids

ATHENS, May 2 (Reuters) - Greece has set July 10 as the
deadline for the submission of binding bids for a renewed
concession agreement for a major ring road in Athens,
privatisation agency HRADF said on Tuesday.
    Greek construction groups Ellaktor  HELr.AT  and Avax
 AVAr.AT  now operate the Attica Motorway, a 70-km (44-mile)
road bypassing a usually congested Athens centre.
    ΗRADF has shortlisted eight investors, including Vinci and
Macquarie, as part of a tender to extend the contract for
another 25 years after it expires in 2024.
    It had previously set May 29 as a provisional deadline for
the bids but that date has been revised as the country is
heading to parliamentary elections on May 21, a source from
HRADF told Reuters.
    

 (Reporting by Angeliki Koutantou; Editing by Mark Porter)
 ((angeliki.koutantou@thomsonreuters.com; +30 2102214608;
Reuters Messaging: angeliki.koutantou.reuters.com@reuters.net))

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