Bloomberg News

Thessaloniki Port Gets Three Bids for Construction of New Marina

November 01, 2011

Nov. 1 (Bloomberg) -- Thessaloniki Port Authority SA, operator of Greece’s second-largest harbor, received three offers to build and operate a $15.4 million marina that aims to boost tourism at the northern Greek port.

Two ventures, the first led by Greek builder Aktor SA and the second by Greek construction company Mochlos SA, submitted bids. Greek real-estate company Lamda Development SA made an offer on its own, Thessaloniki Port said today in an e-mailed statement.

The 218-berth marina will take around three years to build. The concession to run the facility will be for at least 30 years, the port authority said.

Greece plans to sell as much as its total 75 percent stake in the port in 2012 as part of a plan to raise 50 billion euros ($68 billion) by 2015 from state-asset sales and real-estate development.

--Editors: James Kraus, Peter Branton

To contact the reporter on this story: Paul Tugwell in Athens at ptugwell1@bloomberg.net

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net


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