According
to the HRADF, the Port Authorities of Alexandroupoli, Elefsina,
Lavrio, Rafina, Igoumenitsa, Corfu, Kavala, Volos, Patra and Herakleion have
long-term concession agreements with the Greek State for the use of the
respective ports up to 2062. HRADF holds 100% of the shares of the 10 Port
Authorities S.A., as well as the subconcession rights for port operations and
facilities within the remit of the 10 Port Authorities S.A.
In particular for Volos regional Port the Fund is
preparing an invitation for Expression of Interest in the Port Authority. It is
been noted that the development potential of some of the small ports and/or
marinas of the Corfu Port Authority is being considered. For the moment, this
investigation pertains to the Mega-Yacht marina and the Spilia Marina, within
the central port of the Authority and the small port of Lefkimmi.
The Alexandroupoli Port Authority has also a long-term
concession agreement with the Greek State for the use of the port until 2062. At
the moment, the tender process in progress for the sale of a majority stake in
the port. The date for submission of expression of interest in the
Alexandroupoli Port Authority (sale of a majority stake of 67%) was 02/10/2020.
Extensions were requested by bidders due to COVID-19 conditions, with the end
date for submission of expressions of interest set at 16/10/2020. Expressions
of interest were submitted by four (4) investment groups. On 30/03/2021, the
preselection of the candidate investors participating in Phase II of the Tender
Process was completed.
The tender process for Igoumenitsa Port Authority is
being also in progress for the sale of a majority stake in the port. The date
for submission of expression interest (sale
of a majority stake of 67%) was 02/10/2020, but extensions were requested by
bidders due to Covid-19 conditions, with the end date for submission of
expressions of interest set at 30/10/2020. Expressions of interest were
submitted by nine (9) investment groups. On 22/04/2021, the selection of the
candidate investors participating in Phase II of the Tender Process (Binding
Offer Phase) was completed.
In the port of Herakleion Crete the tender process is still
on track and investment interest was also intense according to the data shared
by the fund. Nine bidders have expressed interest to purchase majority stake in
the port’s authority and the selection of candidate investors to participate in
Phase II of the tender process – Q4 2021 shall be the next step in the process.
Binding Offers are scheduled to be submitted in the second quarter of 2022
