Ten groups have expressed interest in Competitive Dialogue for the largest public-private partnership (PPP) project in Greece - a EUR 840 million (USD million) Ultra-Fast Broadband project (UFBB), launched by the Ministry of Telecommunications of the Ministry of Digital Governance.
The project involves the development of Ultra-Fast Broadband in the so-called 'white areas' that is, the areas that telecommunications providers have not included in their investment plans. 7 different areas will be created throughout the country and each private partner will be able to claim not more than three areas.
The interested groups include not only the three telecommunications providers (OTE, Vodafone, Wind) which appeared separately but also two energy companies, PPC and ADMIE, as well as four manufacturing groups (TERNA Energy, Mytilos), Intrakat and AVAX.
The private partner will undertake the design, financing, development and management of the fiber-optic networks that will be developed for a specific period of time (at least 20 years). The contractors will undertake the development of broadband networks that will initially offer 100 Mbps connection speeds but which will then be upgraded to 1 Gbps via fiber optic.
The final design of the tender will be done after a competitive dialogue between the Ministry of Digital Governance and the interested groups in order to find the best solutions for the implementation of the project concerned.
The UFBB is the largest PPP project in Greece and is one of the largest of its kind in Europe. It has a budget of EUR 700 million (USD 771 million), with EUR 300 million (USD 330 million) coming from public funding. The UFBB will cover 2.4 million citizens and businesses, and will generate more than 810,000 speeds of at least 100 Mbps, and is included in the European Commission's design for the creation of the "Gigabit Society".
The following 10 companies have expressed their interest in the project:
The Digital Policy Ministry in Greece announced tender for the development and operations of Ultrafast broadband infrastructure (UFBB) project in Greece under Public-Private Partnership scheme.
Read more
The Parliament's Standing Committee on Production and Trade of Greece has approved the legislation the ratifies the contract for the development of the new international airport in Kastelli on Crete. Despite some objections to the project, the committee gathered the majority of approval for the plan. The new Kastelli International Airport will be the largest construction project ever on Crete and would be one of the largest private investments in the country.
Read moreThe submission of binding bids for the EUR 6.5 billion Egnatia Odos motorway concession has been postponed from June to October 2019.
Read moreThe procedure for the 20-year extension of the concession agreement of the Athens International Airport "Eleftherios Venizelos" has been completed, with Athens International Airport SA (AIA) having paid a total consideration of EUR1.403 billion (US$1.59 billion).
Read moreMcBains Hellas has been appointed to act as technical advisors for a developmental Public-Private Partnership (PPP) project for building a new research centre for the Biomedical Research Foundation of the Academy of Athens (BRFAA) that will provide personalised medical services.
Read more