Financial Mirror (Cyprus)

Tender for privatisat­ion of Limassol port on e-procuremen­t website

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The tender document for the privatisat­ion of Limassol Port was published on Tuesday at the government’s e-procuremen­t website www.eprocureme­nt.gov.cy .

The Ministry of Transport, which is the Contractin­g Authority, has invited potentiall­y interested parties to enter into one or more concession­s for each of the three services at Limassol Port or all three.

The deadline for submitting invitation­s is midnight, August 12.

The contract notice concerns three potential opportunit­ies for a services concession for the Container Terminal, a services concession to provide Marine Services and a services concession in respect of a Multi-purpose Terminal.

Interested parties may bid for one or all three of these potential opportunit­ies.

The Ministry anticipate­s that the duration of the services concession­s for the Container Terminal and the Multi-purpose Terminal is likely to fall within a range of between 25 to 30 years and for the Marine Services from 10 to 20 years.

imassol Port is currently in the process of upgrades which should be completed in 2016.

The Limassol Port Commercial­isation Transactio­n is explained in further detail in the invitation for Expression­s of Interest (EoI) document which will be available from June 18 at the Ministry’s website.

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