Elliniko bids not ex­pected be­fore end of Fe­bru­ary

Kathimerini English - - Front Page - VAN­GE­LIS MANDRAVELIS

The dead­line for the sub­mis­sion of bind­ing of­fers for the ma­jor pri­va­ti­za­tion project con­cern­ing the de­vel­op­ment of the Athens’s for­mer in­ter­na­tional air­port at Elliniko is ap­par­ently to be post­poned to the end of Fe­bru­ary.

State pri­va­ti­za­tion fund TAIPED is still await­ing the green light from the gov­ern­ment be­fore it can give short-listed in­vestors the fi­nal draft of the con­ces­sion con­tract. When that is done, in­vestors will have to sub­mit their fi­nal bids within one month.

Due to the size and the po­lit­i­cal and eco­nomic sig­nif­i­cance of the Elliniko project, TAIPED de­cided to give the draft con­tract to the gov­ern­ment for in­for­mal con­sul­ta­tion. That process started in Novem­ber and al­though it had a onemonth timetable, it has not yet been com­pleted. Re­cently De­vel­op­ment Min­istry of­fi­cials promised that the draft con­tract would be re­turned to TAIPED in the week start­ing to­day. Thank­fully, mar­ket ob­servers say that the as­sess­ment of the bids will not take long de­spite the com­plex­ity of the project – prob­a­bly a few weeks – as the price will be the de­ci­sive cri­te­rion.

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