Three teams expressed interest for the ITS PPP project in Greece
Three teams have submitted expressions of interest for the development of an integrated traffic and parking control system (ITS) through a PPP project in Greece.
The three teams are the following:
- Polis Park
- Kafsis
- Neurosoft SA - Get Abete
The private partner will undertake the construction, operation, maintenance and management of an integrated traffic and parking control system for a period of 15 years.
The new infrastructure is expected to attract investments and will be implemented with the private partner's funds, equity and debt.
With the completion of the works, in conjunction with the the new Central Fish Market in Athens, the first integrated food market in Greece will have been established. The the new Central Fish Market in Athens budget is €13 million (US$16.4 million) and the duration of the contract is 25 years.
This year we have reported about three PPP projects in Greece:
Country news
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April 08, 2015
Greece expected to sell Piraeus stake soon
According to Deputy Prime Minister of Greece, the sale of a 67% stake of Piraeus Port Authority S.A. (OLP) to COSCO Group Limited is set to be completed in the coming weeks. Read more -
May 21, 2015
Greece requests bids for Piraeus Port privatisation
The goverment of Grecce, which recently cancelled the sale of a 67% stake of Piraeus Port Authority S.A. (OLP), has requested again bids from the three interested investors. Read more -
June 17, 2015
EIB backs Greek waste PPP project
The European Investment Bank (EIB) has agreed to provide up to €13 million (US$14.6 million) for a new waste facility to be built in Western Macedonia (Greece) through a PPP project, to treat solid waste in the region. Read more -
August 20, 2015
Greece agrees to award Fraport Greece airport concessions
Greece has agreed to sell rights to operate 14 regional airports to Germany's Fraport. The deal is the first in a wave of privatizations the Syriza government of Alexis Tsipras had until recently opposed. Read more -
August 27, 2015
Deadline set for Greek port privatizations
Greece has announced deadlines to receive investment bids for the sale of a 67% stake of Piraeus Port Authority S.A. (OLP) and a 67% stake of Thessaloniki Port Authority S.A. Read more
