The signing ceremony was attended, among
others, by the Minister of Economy and Finance, Kostis Hatzidakis, the
Minister of Infrastructure and Transport, Christos Staikouras, the
Deputy Minister of Infrastructure and Transport, Nikos Tachiaos, the CEO
of HRADF, Dimitris Politis, the CEO of GROWTHFUND – The National Fund of
Greece, Grigoris D. Dimitriadis, the President and CEO of GEK TERNA
Group S.A., Georgios Peristeris and the Chairman of NEA ATTIKI
ODOS S.A., Emmanuel Moustakas.
With the completion of the tender and the
signing of the Concession Agreement, the handover of the motorway to the new
concessionaire is on track. As part of the agreement, the Concessionaire, in
addition to the one-off fee of 3,27 billion euros, will annually pay to the
Greek State 7.5% of all gross revenues from the operation of the motorway, while
additional upgrading and modernization investments and expenditures amounting
to 380 million euros for the entire duration of the concession are foreseen. The
new concession agreement provides for the reduction of the toll rates for category
2 vehicles to 2.50 euros per pass from the present toll of 2.80 euros.
Attica Motorway is a modern motorway with a total length of 70 km,
constructed with a concession agreement during the 1990s. It constitutes the
ring road of the greater Athens metropolitan area and the backbone of the road
network of the whole Attica region. The urban motorway has two separate
directional carriageways, each consisting of 3 lanes and an emergency lane
(hard shoulder). In addition, the suburban railway of Athens has been
constructed and operates in the median strip of Attica Motorway.
