The Thessaloniki Port Authority on Tuesday announced that the consortium Hutchison Port Holding Ltd-Hutchison Port Investments Sarl-Alapis SA-Lyd SA was declared the provisional winner of a tender to award management of the port’s cargo terminal.
The Thessaloniki Port Authority on Tuesday announced that the consortium Hutchison Port Holding Ltd-Hutchison Port Investments Sarl-Alapis SA-Lyd SA was declared the provisional winner of a tender to award management of the port’s cargo terminal.
The consortium had offered the higher price for the cargo terminal, 419.5 million euros in current value, while it pledged to invest another 490 million euros (in current value) to expand the port’s No. 6 pier and to boost the cargo terminal’s capacity.
Speaking to ANA-MPA, the port authority's chief executive, Yiannis Tsaras, said the next step in the process would be the start of small procedural negotiations with the winning consortium - expected to last around 30 days. The contract with the provisional winner is expected to be signed by the end of September or early October and then to be ratified by Parliament.
Tsaras said the consortium was expected to take over the management of the terminal in early 2009.
Meanwhile, a union representing port workers continued protesting against the Organisation’s decision to tender the cargo terminal, warning of strikes in the next few days.
Conversely, SBBE, the Federation of Northern Greece Industries, in a statement, praised the port’s decision and said results of the tender created favourable conditions to boost transit cargo and business activities in Thessaloniki, the country's second largest port.
Hutchison-led consortium wins Thessaloniki Port's cargo terminal tender
The Thessaloniki Port Authority on Tuesday announced that the consortium Hutchison Port Holding Ltd-Hutchison Port Investments Sarl-Alapis SA-Lyd SA was declared the provisional winner of a tender to award management of the port’s cargo terminal.
The consortium had offered the higher price for the cargo terminal, 419.5 million euros in current value, while it pledged to invest another 490 million euros (in current value) to expand the port’s No. 6 pier and to boost the cargo terminal’s capacity.
Speaking to ANA-MPA, the port authority's chief executive, Yiannis Tsaras, said the next step in the process would be the start of small procedural negotiations with the winning consortium - expected to last around 30 days. The contract with the provisional winner is expected to be signed by the end of September or early October and then to be ratified by Parliament.
Tsaras said the consortium was expected to take over the management of the terminal in early 2009.
Meanwhile, a union representing port workers continued protesting against the Organisation’s decision to tender the cargo terminal, warning of strikes in the next few days.
Conversely, SBBE, the Federation of Northern Greece Industries, in a statement, praised the port’s decision and said results of the tender created favourable conditions to boost transit cargo and business activities in Thessaloniki, the country's second largest port.
The Thessaloniki Port Authority on Tuesday announced that the consortium Hutchison Port Holding Ltd-Hutchison Port Investments Sarl-Alapis SA-Lyd SA was declared the provisional winner of a tender to award management of the port’s cargo terminal.
The consortium had offered the higher price for the cargo terminal, 419.5 million euros in current value, while it pledged to invest another 490 million euros (in current value) to expand the port’s No. 6 pier and to boost the cargo terminal’s capacity.
Speaking to ANA-MPA, the port authority's chief executive, Yiannis Tsaras, said the next step in the process would be the start of small procedural negotiations with the winning consortium - expected to last around 30 days. The contract with the provisional winner is expected to be signed by the end of September or early October and then to be ratified by Parliament.
Tsaras said the consortium was expected to take over the management of the terminal in early 2009.
Meanwhile, a union representing port workers continued protesting against the Organisation’s decision to tender the cargo terminal, warning of strikes in the next few days.
Conversely, SBBE, the Federation of Northern Greece Industries, in a statement, praised the port’s decision and said results of the tender created favourable conditions to boost transit cargo and business activities in Thessaloniki, the country's second largest port.
Hutchison-led consortium wins Thessaloniki Port's cargo terminal tender
The Thessaloniki Port Authority on Tuesday announced that the consortium Hutchison Port Holding Ltd-Hutchison Port Investments Sarl-Alapis SA-Lyd SA was declared the provisional winner of a tender to award management of the port’s cargo terminal.
The consortium had offered the higher price for the cargo terminal, 419.5 million euros in current value, while it pledged to invest another 490 million euros (in current value) to expand the port’s No. 6 pier and to boost the cargo terminal’s capacity.
Speaking to ANA-MPA, the port authority's chief executive, Yiannis Tsaras, said the next step in the process would be the start of small procedural negotiations with the winning consortium - expected to last around 30 days. The contract with the provisional winner is expected to be signed by the end of September or early October and then to be ratified by Parliament.
Tsaras said the consortium was expected to take over the management of the terminal in early 2009.
Meanwhile, a union representing port workers continued protesting against the Organisation’s decision to tender the cargo terminal, warning of strikes in the next few days.
Conversely, SBBE, the Federation of Northern Greece Industries, in a statement, praised the port’s decision and said results of the tender created favourable conditions to boost transit cargo and business activities in Thessaloniki, the country's second largest port.