The Greek government will push back a deadline for binding bids in a majority stake for the Thessaloniki Port Authority (OL.Th), which runs the second largest port facility in Greece.
By V. Vegiri
The Greek government will push back a deadline for binding bids in a majority stake for the Thessaloniki Port Authority (OL.Th), which runs the second largest port facility in Greece.
According to a report by "N", the deadline will be moved to late 2016 or early January 2017, the head of the country’s privatization fund, Stergios Pitsiorlas, said from the northern Greek city on Wednesday evening. He added that a second draft of a concession contract will also be forwarded to potential buyers.
The majority stake of the port of Thessaloniki is 67 percent and its management, a figure that corresponds to the agreement transferring the Piraeus Port Authority to Chinese shipping and port giant Cosco, which was completed in August.
Potential interest has been expressed by Denmark-based container terminal operator APM Terminals, International Container Terminal Services ICTS of the Phillipines, Dubai’s P&O Steam Navigation Co. and Japanese Japan's Mitsui & Co.