The Ministry of Infrastructure and Transport in Greece has awarded the contract for the Hersonissos-Neapolis road PPP project (Northern Road Axis of Crete).
The consortium GEK TERNA-AKTOR CONCESSIONS-INTRACAT, formed by Gek Terna Group and Aktor Concessions, has won the contract. The team will be responsible for the design, construction, financing, operation and maintenance (DBFOM) of a road under a 30-year PPP contract.
The project involves the development of a 26 km section of the Northern Road Axis of Crete that connects Hersonissos to Neapolis. With the estimated cost of EUR359.6 million (US$384.44 million), the project also includes the operation and maintenance of the Hersonissos – Naples road section.
Country updates
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May 30, 2022
Greece launches plan for three new PPP concessions
The Interministerial PPP Committee of Greece has approved three public-private partnerships (PPP) concessions with total investment value of EUR300 million (US$321.95 million). The three concessions...
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May 17, 2022
Preferred bidder selected for Philippos II port concession PPP in Kavala
The Hellenic Republic Asset Development Fund (HRADF) has selected the International Port Investments Kavala consortium as the Preferred Bidder for the sub-concession of Philippos II port con...
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May 13, 2022
Eight Interested Parties submitted EOIs for Attica Motorway PPP in Greece
The Hellenic Republic Asset Development Fund (HRADF) has announced that eight Interested Parties have submitted an Expression of Interest for the Attica Motorway PPP project in Greece. The new service...
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April 20, 2022
Procurement cancelled for Marina Kalamaria operation PPP project in Thessaloniki
Hellenic Republic Asset Development Fund (HRADF) in Greece has cancelled the procurement process for the Marina Kalamaria project. The concession included port operation services (berthing and other...
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April 18, 2022
HRADF pre-qualifies eight bidders for Heraklion Port Authority tender
Hellenic Republic Asset Development Fund (HRADF) has pre-qualified the interested parties that meet the eligibility criteria to participate in Phase B (Binding Offers Phase) of the tender process for...
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