OLP ten­der at risk from dock zone change

Kathimerini English - - Focus - ILIAS BEL­LOS

Re­cent in­ter­ven­tions by mem­bers of the gov­ern­ment and lo­cal author­i­ties, as well as party of­fi­cials, are, ac­cord­ing to port in­dus­try in­sid­ers, putting the suc­cess of the ten­der for the sale of 51 per­cent in Pi­raeus Port Au­thor­ity (OLP) at risk, and are un­der­min­ing the value of the or­ga­ni­za­tion.

A num­ber of fig­ures have re­cently asked state sell-off fund TAIPED, OLP’s main share­holder, to ex­clude the Drapet­sona dock zone from the new con­ces­sion con­tract be­tween the Greek state and OLP.

Small as this strip of land may be, it is the only pos­si­ble spot for the ex­pan­sion of the port of Pi­raeus to in­clude coastal ship­ping and cruise tourism. Of­fi­cials of both OLP suit­ors, AP Moeller Maersk and Cosco Pa­cific, are wait­ing to see what the gov­ern­ment de­cides and will pre­pare their of­fers ac­cord­ingly.

If the Drapet­sona strip is ex­cluded, peo­ple fa­mil­iar with the com­pa­nies’ con­cerns say that “any bind­ing bids would be par­tic­u­larly re­served.”

Fur­ther­more, the mat­ter has been de­layed to such an ex­tent that it is prac­ti­cally im­pos­si­ble for the bind­ing bids to be sub­mit­ted within Oc­to­ber, as the bailout agree­ment ap­proved by the cred­i­tors and voted by the Par­lia­ment pro­vides for. Fi­nally, there is also the At­tica Re­gional Au­thor­ity, which is hav­ing its case against the OLP pri­va­ti­za­tion heard at the Coun­cil of State to­mor­row.

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