airport privatization
Economy
Greece Accepts AIA's Improved 600 Million Euro Bid for Athens International Airport
The state-owned asset development fund of Greece, TAIPED, recently accepted AIA’s Canadian investors submission for the concession contract's extension by 20 years, which amounts to some 600 million euros in addition to 15 percent of annual operating profits.
"AIA's improved...
Business
Fraport Successfully Secures Lenders to Finance Regional Airport Privatization Project
The privatization project involving 14 regional airports in Greece is going ahead as scheduled according to banking sources who report that Fraport Greece has secured the necessary financing with four international credit institutions and a local bank.
The lenders for...