Tender Processes Launch for Three Greek Ports

Alexandroupolis Port. Photo source: HRADF

The Hellenic Republic Asset Development Fund (HRADF or TAIPED) on Friday announced the launch of three international public tenders for the development of the ports of Alexandroupolis, Igoumenitsa and Kavala.

The tenders were launched within the framework of HRADF’s strategy for the development of the country’s port infrastructure held in its portfolio.

According to HRADF, the port authorities of Alexandroupolis and Igoumenitsa will be developed by a means of a sale of a majority stake of at least 67 percent.

For the port in Alexandroupolis, the tender will grant the right for the investor to exclusively use and operate the buildings, land and facilities of the port land-side zone of the port of Alexandroupolis and the fishing shelter of Makri by virtue of a concession agreement with the Greek government.

Igoumenitsa Port. Photo source: HRADF

For the port in Igoumenitsa, the tender will grant the right for the investor to exclusively use and operate the buildings, land and facilities of the port land-side zone of the port of Igoumenitsa, the fishing shelter of Sagiada, the fishing shelter of Plataria and the pleasure boat shelter of Sivota by virtue of a concession agreement with the Greek government.

The tender processes for both ports will be held in two phases: (a) submission of expressions of interest and prequalification of interested parties and (b) submission of binding offers and selection of the preferred bidder. Interested parties are invited to submit their expression of interest on Friday, October 2, by 5pm (Athens time).

Kavala Port

The Kavala Port Authority (OLK S.A.) will be developed through a tender process for the sub-concession of the right to use, maintain, operate and exploit a multi-purpose terminal within “Philip II” port (currently operated by Kavala Port Authority S.A. – OLK S.A.).

Kavala Port. Photo source: HRADF

The sub-concession area and activities of “Philip II” port includes the existing pier with a paved area of approximately 117,000 sq. m; an additional plot of unpaved land and reclamation area of approximately 165,000 sq. m; the detached mole/breakwater; the commercial activity (general cargo, dry bulk and occasionally container vessels); and certain equipment of the
port.

The sub-concession will be for a minimum duration of 40 years.

The tender process of Philip II port will be held in two phases: (a) submission of expressions of interest and pre-qualification of interested parties and (b) submission of binding offers and selection of the sub-concessionaire. Interested parties are invited to submit their expression of interest on Friday, October 2, by 5pm (Athens time).