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Financial Bids For Thessaloniki Port To Open Today

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Thessaloniki Port Authority will open the financial bids today, speeding up the tender process, sources said.

Sources told Capital.gr that the Hutchison-Alapis joint venture submitted a 400 million euro bid, followed by Dubai Ports with 280 million euro and Cosco with around 220 million euro.

The three participants can file a new objection within five working days.

Sources in the shipping industry estimate that the price to be paid for Thessaloniki port is proportionally higher than the one submitted for Piraeus. In Thessaloniki the concessionaire will exploit the whole port and not just one wharf, like in Pireaus. Besides, the port of Thessaloniki gives access to the emerging markets of the Balkans and SE Europe, owing to its strategic location.

Stelios Kraloglou

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