TAIPED head con­firms dead­line for OLP bids

Kathimerini English - - Focus -

Greece has pushed back the date to sub­mit bind­ing bids for a ma­jor­ity stake in its big­gest port, Pi­raeus (OLP), to De­cem­ber 3, the head of its pri­va­ti­za­tion agency said yes­ter­day. Set­ting a date for bind­ing bids for Pi­raeus and Thes­sa­loniki ports is one of the ac­tions Greece needs to take to un­lock more bailout funds. China’s Cosco Group, Dan­ish con­tainer ter­mi­nal op­er­a­tor APM Ter­mi­nals and Philip­pines­based In­ter­na­tional Con­tainer Ter­mi­nal Ser­vices were ex­pected to sub­mit bids for a 51 per­cent stake in OLP by Oc­to­ber 30, but an early Septem­ber 20 elec­tion held up work and the dead­line has been pushed back. “We had some de­lays with the con­ces­sion agree­ments so we moved the date to De­cem­ber 3,” Stergios Pit­sior­las, the head of Greece’s pri­va­ti­za­tion agency TAIPED, told Reuters. “In­vestors have been no­ti­fied.” The sale of Greek ports, air­ports and rail­ways are among the gov­ern­ment’s pri­or­i­ties, of­fi­cials have said, but its plans are likely to be faced with re­sis­tance from la­bor unions. Port work­ers walked off the job on Thurs­day to protest the OLP sale. The sub­mis­sion of bind­ing bids for Greek rail­ways (Train­ose) and its rolling stock op­er­a­tor (ROSCO) will also be post­poned to mid-Jan­uary from De­cem­ber, Pit­sior­las said.

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