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Heraklion Port Authority Privatisation Sees Nine Expressions Of Interest

Heraklion Port Authority privatisation sees nine expressions of interest

Source: Global Ports Holding
Heraklion, Crete, Greece (PortSEurope) September 19, 2021 – The Hellenic Republic Asset Development Fund (HRADF), part of the HCAP Group, has announced that nine parties have submitted an “expression of interest” for the acquisition of a majority stake of at least 67% of the Heraklion Port Authority (HPA SA). HRA has the exclusive right to use and operate the land, buildings and infrastructure of the
port of Heraklion until January 2063. The port’s main activities comprise the provision of berthing to ships, dry bulk and conventional general cargo, cruise port services, as well as coastal ferry operations and passengers’ services. Expressions of Interest were submitted by the following Interested Parties (in alphabetical order): Consortium composed of the companies Aktor Concessions S.A – Attica GroupConsortium “Gray Pier Heraklion Port”, composed of the companies Industrial and Hotel Enterprises S.A. – FHL. H. Kiriakidis Marbels-Granites S.A.Consortium composed of the companies GEK Terna S.A. – Aviareps Hellas S.A.Consortium composed of the companies Grimaldi Euromed S.p.A. – Minoan Lines Shipping S.A.Consortium composed of the companies Portek International Private Limited – GPH Cruise Port Finance Ltd.Composed of the companies Sekavin S.A. – Goldenstep Shipping LimitedOlete LimitedTekal S.A.Thessaloniki Port Authority (ThPA) HRADF’s advisors will proceed the next phase of the tender – binding offers phase. HCAP is a sovereign wealth fund, whose sole shareholder is the Greek state, responsible for managing and optimising public and state assets. HCAP directly oversees the Hellenic Republic Asset Development Fund (HRADF), Public Properties Company (ETAD), and Hellenic Financial Stability Fund (HFSF). Source: Hellenic Republic Asset Development Fund

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