Hellenic Republic Asset Development Fund

Growthfund's management presented on Tuesday the strategic objectives of the state asset utilization super-fund for the next three years (2025-2027), emphasizing the difficult challenges on the fronts of urban transportation, regional airports, the valuation and management of public real estate, Hellenic Post, etc.

Hello, the Christmas spirit continued yesterday in our politics, with K.M warmly welcoming Mayor Charis along with Christos Protopappas, as well as his own Skertsos and Livanio, who of course are also the Prime Minister’s airport transfers from PASOK. At the meeting, of course, was also Mylonakis with the Secretary-General of the Ministry of Development, Mrs.

GEK Terna on Friday completed the one-off payment of 3.27 billion euros after being selected as the preferred investor in the Hellenic Republic Asset Development Fund's tender for the 25-year concession of the Attiki Odos highway.

The Greek state will turn over the management and use of Attiki Odos highway to the new concessionaire, Nea Attiki Odos SA, on October 6, the ministries of National Economy & Economics and Infrastructure & Transport said on Monday.

A 40-year concession contract to develop Pylos Marina worth at least 1.5 million euros was signed on Tuesday by the state and the Hellenic Republic Asset Development Fund (TAIPED) on one side, and Pylos Marina SA, the preferred bidder, on the other.

Seeking to relieve popular island destinations such as Santorini, and possibly Mykonos, of the effects of overtourism, the government is planning new legislation that will increase the disembarkation fee for cruise ship passengers. According to a government official, the disembarkation fee cannot "cannot be lower than 10 euros for Santorini."

The path is now clear for the new concession contract for Attiki Odos, following approval from the Court of Audit. The High Court’s approval was granted swiftly, aligning with the goal of the Hellenic Republic Asset Development Fund (HRADF) to financially close the concession contract, likely by the end of the year. Note that the related request was submitted on July 5.

Sani Development and Tourism Company SA, the highest bidder for the development of the Sani-Kassandra property on the Halkidiki peninsula, signed the agreement for the development of the area assessed at 8.6 million euros, the Hellenic Republic Asset Development Fund (TAIPED), a member company of Growthfund, the National Fund of Greece, said on Tuesday.

Greece will set up its first sovereign wealth fund to sell state assets such as estate property, ports and public utilities that were not sold during its debt crisis, its finance minister said on Tuesday.

As Greece prepares to welcome the highest number of foreign visitors in its history this year, around 35 million according to expert estimates, basic public infrastructure remains woefully inadequate.