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Tender For Kastelli Airport Launched

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Minister for Public Works Giorgos Souflias launched a tender for the Kastelli Airport in Crete, an announcement said.

The budget of the project amounts to 1 bil. euro, 220 of which is the States participation.

The lease will be 35 years, with the construction period included and the Greek state will hold the majority with a 55% stake.

The deadline for the submission of bids is 9th September 2010 while it is estimated that if there are no problems with objections, the preferred bidder will be chosen in the first six months of 2010.

Kastelli airport is expected to be finished in 2015.
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