Greece gets five initial bids for Kavala port terminal

Thessaloniki Port Authority SA

23/10/2020 17:41

ATHENS, Oct 23 (Reuters) - Greece has received five
non-binding bids to operate part of a port in northern city of
Kavala, the country's privatisation agency (HRADF) said on
Friday.
    HRADF received expressions of interest for a sub-concession
to operate a multi-purpose terminal of Philippos II port,
currently operated by Kavala Port Authority.
    The initial bidders are a consortium of IMERYS SA, Goldair
Cargo and I.M.G., and the International Port Investments Kavala
consortium, which includes Black Summit Financial Group, EFA
Group and GEK TERNA. Also bidding are PFIC Ltd, Quintana
Infrastructure & Development and finally Thessaloniki Port
Authority  OLTr.AT .
    Greece embarked on an ambitious privatisation plan in 2010,
at the start of a decade-long financial crisis, to help reduce
its public debt and attract investors to overhaul and boost the
business of its assets.
    The country has raised about 7 billion euros so far from the
programme, which includes the sale of stakes in ports and gas
utilities.
    HRADF said its advisors will evaluate the expressions of
interest and submit recommendations to its board on which
candidates will qualify for the next phase of the tender which
will involve binding bids.

 (Reporting by George Georgiopoulos and Angeliki Koutantou and
David Evans)
 ((george.georgiopoulos@thomsonreuters.com; +30210 337 6437;
Reuters Messaging:
george.georgiopoulos.thomsonreuters.com@reuters.net))