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Eight "suitors" claim the port of Lavrio
The development of the Lavrio Port Authority through the sale of a majority stake (at least 50% plus one share) in the Authority's share capital has piqued the interest of eight investment groups.
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Eight investment groups have expressed interest in the development of the Lavrio Port Authority through the sale of a majority stake (at least 50% plus one share) in the share capital of the Authority. 

According to the HRDAF, a member company of the State Treasury, the following companies (in alphabetical order) expressed interest in the tender: 

  • GEK TERNA S.A.
  • INTERCAT S.A. (ALPHABETICAL ORDER: GEKEN TESA S.A.).
  • Consortium of JET PLAN SHIPPING CO LTD - AKTOR PARCHORISISIS S.A. (JET PLAN SHIPPING CO LTD - AKTOR PARCHORISIS S.A.).
  • GPH CRUISE PORT FINANCE LTD - PROMARINE S.A. Consortium
  • Joint venture OLYMPIC MARINE S.A. - MSC CRUISES S.A.
  • GULFTAINER COMPANY LTD
  • IOTC INVESTMENTS S.C.S.
  • ISRAEL SHIPYARDS INDUSTRIES LTD

Following the evaluation of the submitted Expression of Interest files, the candidates who meet the pre-selection criteria will be invited to participate in the second phase of the competition, which consists of the submission of binding offers. 

The company 'Lavrio Port Authority S.A. has the exclusive right to use and exploit the land, buildings, and facilities of the Port of Lavrio through a concession agreement concluded with the Greek State for a period of 60 years from its entry into force (valid until the year 2062). 

The duration of the Concession Agreement may be extended and, if a decision is taken, will be announced on the website of the Hellenic Property Management Fund prior to the publication of the Request for Binding Offers by the investors that will be qualified in Phase B of the tender procedure. 

The port of Lavrion is the third largest port in Attica and, due to its proximity to popular tourist destinations such as Eleftherios Venizelos Airport and the ports of Piraeus and Rafina, it is particularly suitable for tourism development, with activities such as cruise and yacht docking.

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