Government signs 57.5-million-euro deal for Alimos marina

The 57.5-million-euro concession agreement to use and exploit the marina of Alimos, in southern Athens, for a duration of 40 years was signed on Wednesday with Aktor Concessions.

The value of the agreement amounts to at least 177 million euros, including an up-front fee, an annual concession fee and a revenue-sharing expressed as a percentage of the marina's annual turnover.

This is the first concession tender process run by HRADF regarding a marina that the preferred investor emerged through an e-auction process, creating a competitive environment for bidding offers and transparency.

The concession was signed by Finance Minister Christos Staikouras, the Minister of Development & Investments, Adonis Georgiadis and the Minister of Tourism, Haris Theoharis, along with the executive chairman of the Greek state privatization fund HRADF (or TAIPED) Aris Xenofos, and...