Intense investment interest for the 67% stake in Port of Heraclion, Crete
HRADF had earlier decided to extend the deadline of the tender from July 30, 2021.
Expression of interest process for the acquisition of a majority stake in the Organization of the Port of Heraklion SA expires on Friday September 17, 2021.
It is noted that the Organisation of the port holds the right of exclusive use and operation of the lands, buildings and facilities of the land port until January 2063.
HRADF had earlier decided to extend the deadline of the tender from July 30, 2021, which was the initial deadline submission. The main activities of OLI SA include ship mooring services, dry bulk cargo unloading and general contract cargo, cruise activities as well as coastal passenger transport.
At the same time, it has administrative responsibilities of a) the old Venetian port, b) the port of Linoperama and c) the three fishing shelters: Loutra, Keratokampos and Arvi.
It is expected that the Old Venetian Port will be excluded from the revised area of responsibility of the Organization.
According to people familiar with the matter, the tender will be completed with no further extension, while the interest from investors to acquire the 67% of the port's share capital is said to be intense with big investors interested to bid for the port.
Such as the Italian Grimaldi group, the Greek group AVIAREPS, Attika Holdings but also GEK-TERNA, OLTH and Ellactor.