Pri­va­ti­za­tion plan gets OK from TAIPED

Kathimerini English - - Front Page -

The gov­ern­ing boardof sell-off fund TAIPED ap­proved a blue­print on July 30 for the As­set De­vel­op­ment Plan, or ADP, which pro­vides for the pri­va­ti­za­tion of all as­sets held in its port­fo­lio as of De­cem­ber 31, 2014. Un­der the new loan agree­ment be­tween Greece and its cred­i­tors, from now un­til the end of Oc­to­ber 2015, TAIPED must iden­tify dates for the sub­mis­sion of bind­ing of­fers for the Pi­raeus Port Au­thor­ity (OLP) and its Thes­sa­loniki coun­ter­part OLTH, rail­way trans­port op­er­a­tor TRAIN­OSE and the Hel­lenic Rail­ways Or­ga­ni­za­tion (OSE) with­out ma­te­rial changes to the ten­der con­di­tions. The Greek author­i­ties also agreed to take ir­re­versible steps on the sale of re­gional air­ports un­der the con­di­tions ap­pli­ca­ble to al­ready se­lected bid­ders. The ADP pro­gram aims for a to­tal rev­enue (ex­clud­ing bank shares) of 6.4 bil­lion eu­ros from 2015 to 2017. The TAIPED port­fo­lio in late 2014 con­tained on­go­ing ten­ders for sev­eral or­ga­ni­za­tions in­clud­ing 14 re­gional air­ports and 10 re­gional ports. An in­de­pen­dent task force is to be im­ple­mented by Oc­to­ber 2015 to iden­tify op­por­tu­ni­ties and rec­om­mend op­er­a­tional ob­jec­tives, struc­ture and gov­er­nance for the coun­try’s new pri­va­ti­za­tion fund.

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