The necessary Joint Ministerial Decision will be issued for the utilization and upgrading of Alimos Marina in order to proceed with the issuance of building permits, within the next few days, said managing director Giorgos Konstantinidis, from the floor of the annual general meeting of REDS shareholders. Construction work is slated to start in 2023, with the new marina delivered by 2025.

Aktor Concessions SA has been nominated as the preferred bidder for the granting of the right to use and exploit the marina of Alimos south of Athens for a period of 40 years, through an e-Auction procedure that the Hellenic Republic Asset Development Fund incorporated for the first time in a concession tender, HRADF said in an announcement released on Tuesday.