Greece to open offers for Piraeus Port on Tuesday
- Written by E.Tsiliopoulos
Greek authorities on Tuesday will open financial offers submitted in a tender to buy 67 pct of Piraeus Port Organization, a process characterized as the country's biggest challenge so far in its drive to put Greece again in the map of international investment funds.
Despite the fact that Hellenic Republic Asset Development Fund has not published the number of binding offers submitted with Morgan Stanley in London, Merchant Shipping ministry sources told ANA-MPA that the only bid submitted to the Fund was by Chinese COSCO, while the other candidate, Danish Maersk, was seemed to be interest more in the Thessaloniki Port, with binding offers expected to be submitted in three months.
Under the terms of the tender, any possible buyer of Piraeus Port was committed to make investments worth 340 million euros in the port, mainly to boost sea cruise services, new tanks for ship repair and new infrastructure in the ship-building zone.
Related items
-
Moody’s upgrades Athens municipality credit rating
-
Mitsotakis from Brussels promises returns of those not granted asylum
-
Metlen to put Greece on track for European rearmament
-
Incredible Gesture from Scottish Fans: They Donate €5,000 to the “Floga” Parents’ Association for Children with Neoplastic Disease.
-
Montreal’s City Hall honors the Greek Revolution of 1821
Latest from E.Tsiliopoulos
- Moody’s upgrades Athens municipality credit rating
- Mitsotakis from Brussels promises returns of those not granted asylum
- Metlen to put Greece on track for European rearmament
- Incredible Gesture from Scottish Fans: They Donate €5,000 to the “Floga” Parents’ Association for Children with Neoplastic Disease.
- Montreal’s City Hall honors the Greek Revolution of 1821