Report Greece Sets Deadline for Thessaloniki Port Bids

first_imgzoom Investors have been given a deadline of March 24 to submit their bids for a majority stake in the second biggest Greek port, the port of Thessaloniki, Reuters cited sources close to the matter.The port is being privatized under the same terms as its counterpart Piraeus, the majority stake of which was officially acquired by China’s port operator Cosco Group (Hong Kong) Limited in August 2016.Reuters informed that some of the potential investors include terminal operators APM Terminals, International Container Terminal Services (ICTSI), P&O Steam Navigation Company and Mitsui & Co.The sale of the 67 percent stake of the Piraeus Port Authority (PPA) and Thessaloniki Port Authority (THPA), which are being privatized within Greece’s bailout plan, was launched in 2014.Earlier reports suggested that the privatization of the port of Thessaloniki sparked interest in Russia as the country’s President Vladimir Putin was cited as saying that Russia is interested in Greek tenders for “the purchase of assets of railway companies and the Thessaloniki port facilities.”Greece was scheduled to invite investors to submit binding bids for the port at the end of September 2016, however, the deadline was postponed a number of times over disagreements on the amount of mandatory investments.The buyer of the majority stake in Thessaloniki is reportedly expected to invest up to EUR 180 million in port development by 2021.World Maritime News Stafflast_img read more

Irani inaugurates WiFi facility at Amethi station

first_imgAmethi (UP): Union Textiles Minister and Amethi MP Smriti Irani on Wednesday inaugurated a Wi-Fi facility at the Amethi Railway Station and directed officials to speed up pending development works on the premises.Irani visited the railway station along with DRM Sanjay Tripathi and other senior officials. After inaugurating the Wi-Fi facility, Irani, who is on a two-day visit to her constituency, directed officials concerned to speed up pending development works at the railway station which is devoid of common facilities for passengers. Earlier, the minister visited Sagra pond in Amethi town and asked tourism department officials to carry out its beautification. She also chaired a meeting at the collectorate at Gauriganj, the district headquarter of Amethi, and took stock of development works in the district.last_img read more