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  • Tender announced for Alimos, Chios marina concessions

    Greece’s state privatisation fund today announced two concessions of at least 35 years each, for the major marina of Alimos, on the outskirts of Athens, and the marina of the island of Chios, in the eastern Aegean.

    ΤοΒΗΜΑ Team

    Greece’s state privatisation fund today announced two concessions of at least 35 years each, for the major marina of Alimos, on the outskirts of Athens, and the marina of the island of Chios, in the eastern Aegean.

    According to the tender issued by the Hellenic Republic Asset Development Fund (HRADF), the Alimos marina is the largest in the Balkans and one of the biggest in the eastern Mediterranean.

    “Its extraordinary strategic position as part of the urban landscape of Athens and its large land zone of 210,000 square metres, with a sea area of 428,000 sq. m., offer exceptional comparative advantages in its exploitation,” an HRADF statement said.

    ”The Marina of Alimos, currently offering 1,100 berths for leisure boats of various sizes, serves to a great extent the berthing needs of the yacht charter market of Athens. The upland area of the Marina of Alimos is also used for dry storage and yacht maintenance and it includes buildings of varying use,” the announcement states.

    Ernst and Young will be the financial advisor for the Alimos tender.

    The tenders will be executed in two phases, with the first being an expression of interest by January 16, 2018.

    Investors who meet the prequalification criteria, as detailed in the two invitations will be eligible and will be invited to participate in the second phase.

    In the second phase of the tender process, pre-selected investors will gain access to a Virtual Data Room (VDR) in order to access the data of each marina and then be invited to submit binding offers,” according to the official HRADF announcement.

    The Chios Marina is located in the central part of the eastern coast of the island, 2.5 km from the city center of Chios and the main port, and about 6 km from the island’s airport.

    The sea zone of the marina of Chios, with an area of approximately 80,000 square meters, includes a harbor with a total area of about 28,000sq.m.

    “ Limited-scale interventions will significantly improve the marina’s capacity, serving at least 170 recreational craft of different categories, up to 25 m in length and has the potential to develop all necessary ground handling facilities, including land-based craft, as well as and other uses of leisure and tourism,” according to the privatisation fund.

    Investors are invited to express interest in the marina of Chios until the 18th of January 2018.

    International