Bids for Privatization of 14 Greek Airports to Open

Mykonos Airport.

The binding offers for the right to manage and operate 14 Greek regional airports will be opened next week.

Greek state privatization fund TAIPED will open the three technical bids on Monday, 24 November and the three financial offers on Tuesday, 25 November. The consortia that submitted offers are CASA (Corporation America S.A.)-METKA, Fraport AG-Slentel Ltd and Vinci Airports SAS-ΑΚΤOR Concessions.

The 14 airports that are up for grabs are divided into two groups.

Group A includes airports in Thessaloniki, Corfu, Chania, Kefalonia, Zakynthos, Aktion and Kavala and Group B includes airports on Rhodes, Kos, Samos, Lesvos, Mykonos, Santorini and Skiathos.

Investors will be responsible for the operation and management of 14 regional airports in the country for 40 + 10 years and will be committed by contract to finance projects of 200-250 million euros in the first four years.

TAIPED is expected to announce the winning bid by the end of the next week.