The Hellenic Republic Asset Development Fund/Growthfund member company announces the launch of an international tender procedure for the further development of the cruise activity in the port of Katakolon, part of the old port of Patras, and part of the Central Port of Kavala, "Apostolos Pavlos.".

The tender for the further development of cruise activity in the three ports consists of two parts: 

• Section 1: Concession of the right to use, maintain, operate and exploit the port of Katakolon and sub-concession of the right to use, maintain, operate and exploit part of the old port of Patras, within the area of responsibility of the Patras Port Authority (OLPA S.A.), with a minimum duration of thirty (30) years.
• Section 2: Subcession of the right to use, maintain, operate and exploit part of the Central Port of Kavala, "Apostolos Pavlos Pavlos," within the area of responsibility of the Kavala Port Authority (OLK S.A.), with a minimum duration of thirty (30) years. 

Interested parties may express interest in only one or both parts of the tender. The tender will be conducted in two phases (Phase A—Pre-selection & Phase B—Submission of Binding Offers). The Fund reserves the right to separate in Phase B of the tender procedure the physical objects of Section 1 and to award to different preferred investors the Katakolon Port Concession Contract and the Patras Port Cruise Sub-Concession Contract. The closing date for expressions of interest has been set for 28 February 2025.

The further development of cruise activity in existing and new destinations is in line with the policy to rationalise tourist flows to popular cruise ports and to address over-concentration phenomena.