The Hellenic Republic Asset Development Fund (HRADF) announced on September 10th that seven investment entities have qualified to participate in the second phase of the tender process for the concession of the management, operation and maintenance of the regional airports, tendered in two clusters.

• Group A includes the airports of Thessaloniki, Corfu, Chania, Kefalonia, Zakynthos, Aktion, Kavala and optionally up to 3 of the airports of Alexandroupoli, Araxos , Kalamata and Nea Achialos.

• Group B includes the airports of Rhodes, Kos, Samos, Mitilini, Mykonos, Santorini, Skiathos and optionally up to 3 airports of Limnos, Chios, Karpathos and Nea Achialos.

The privatization of the regional airports will result in investments that will increase the capacity of the airports, increase their service level standards and contribute to the increase of tourism and the economic development of the country.

During the second phase of the tender, the pre-qualified investors will gain access to detailed data and information regarding the regional airports, as well as the terms and conditions of the second phase of the tender process.

The Hellenic Republic Asset Development Fund (HRADF) has launched the tender process in March 2013.

Source: HRADF