Six investment schemes selected for Phase B, in bid for Lavrion Port

August 7, 2024
Written by E.Tsiliopoulos

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Six investment schemes selected for Phase B, in bid for Lavrion Port

Six investors of the eight who submitted an expression of interest for a majority stake of at least 50% plus one share of the Lavrion Port Authority (LPA SA) were selected for Phase B, Hellenic Republic Asset Development Fund (HRADF), a member company of GROWTHFUND-The National Fund of Greece announced on Tuesday.

The six to make it to the next stage are (in alphabetical order):

- Consortium GPH CRUISE PORT FINANCE LTD - PROMARINE SA
- Consortium JET PLAN SHIPPING Co LTD - AKTOR CONCESSIONS SA
- Consortium OLYMPIC MARINE SA - MSC CRUISES SA
- GEK TERNA SA
- INTERKAT SA
- ISRAEL SHIPYARDS INDUSTRIES LTD

Once they sign the confidentiality agreements, the above investment schemes will receive the issues of Phase B of the tender and acquire access to the virtual data room, where more information is supplied about LPA.

Lavrio Port Authority SA currently has the exclusive right to use and develop the land, buildings, and facilities of the Port of Lavrio, through a concession agreement with the Greek state for a duration of 60 years, running from 2002 until the year 2062.

The port of Lavrio is the third largest port of the Attica Region and, due to its proximity to popular tourist destinations - Athens International Airport and the ports of Piraeus and Rafina - it is suitable for tourism development with the operation of a cruise terminal and a marina for yachts.

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