Greece's privatization agency, the Hellenic Republic Asset Development Fund (HRADF), this past week short-listed three investment schemes as qualified to proceed to a next phase of a tender for the management and exploitation of a marina on the eastern Aegean island of Chios (Hios).
A decision by the fund's board of directors said the three candidates are:
- AVLUM ENTERPRISES CO. LTD. – IOANNIS & ELIAS D. TEFAS NAFPIGOPLASTIKI – CLEOPATRA MARINA SA – TOURISTIKOS LIMENAS PREVEZAS SA
- KASOS SA
- PAN PROTHERS ASSOCIATES, INC
According a HRADF press release, the consortia, following the signing of a non-disclosure agreement, will receive documentation describing the procedure for the next phase, namely, the submission of binding offers, and will be given access to detailed information about the asset.