By Tasos Dasopoulos
Along with the investments from the Recovery Fund, the investments have to benefit from the privatization program, which seems to be “stepping on the gas” according to the HRDH’s operational program.
After the “freezing” in 2020 of many of the privatization plans, which are in progress since 2019 due to the coronavirus and the disruption it caused to markets and investors in 2022, the Fund for the Utilization of Private Public Property aims at revenues from privatizations amounting to 2.2 billion euros. Of this money, 1.97 billion will come from the price of tenders, to which binding offers have been submitted, another 176.7 million euros will come from installments of completed privatizations of previous years and 52 million euros from tenders revenues which are expected to be completed by the end of the year.
During the year, 300 million euros were collected, as the first installment of the price of 915 million euros for the sale of 100% of the shares of ELLINIKO SA.
Also, the GEK-TERNA consortium, EGIS, was announced as the preferred investor, which offered a price of 1,496 million euros for the Egnatia Odos. At the same time, ITALGAS was declared the preferred investor for DEPA infrastructure, offering a price of 476 million euros.
The e-Auction IX tender was also completed, where bidders for four properties emerged, the contract for the sale of North Afandou Rhodes was signed for a price of 26.9 million euros and the auction was awarded the corresponding total amount of 279.2 million euros. from the tender procedure for the granting of rights to use radio frequencies in the bands MHz, 2GHz, 3400-3800 MHz and 26 GHz, for the development of 5th generation networks. All this in a year in which the pandemic was loudly present until the end of April.
According to the HRDH Business Plan, 2021 will be a year of restart for the privatization program, as there is a plan for cumulative privatization revenues of 5.94 billion euros until 2025. In fact, after 2022 the Fund plans to proceed to tenders with a total estimated price of 1.03 billion in 2023 and 2.2 billion in 2024
What competitions are running now
Shortly before the end of 2021, the Fund runs the competition for the “Hellenic” of Crete, ie the old American base in Gournes, Heraklion, which is expected to have an utilization similar to that of the old international airport of Athens.
Also, tenders are underway for management concessions for the ports of Kavala, Igoumenitsa, Heraklion and Alexandroupolis. In all cases, a manager is sought to whom the majority of the shares of the respective Port Organizations will be granted in order to improve and utilize them.
Also, there are tenders for the concession of the marina of Kalamaria, the underground storage of natural gas of Kavala, electronic auctions continue, the tender for the sale of 30% of the participation in the management company of Athens International Airport and DEPA marketing.
The sale of the public participation in Attiki Odos, the tenders for the development of the port of Pylos, the marina of Pylos, the marina of Lefkimmi-Corfu and the marina of Megayacth in Corfu are in the preparation phase.
Finally, the preparation for the utilization of other properties included in the HRDH portfolio continues, such as the tourist properties with thermal springs: Loutropolis Kammenon Vourlon, the campsite of Kamenon Vourlon, the coast and camping of Agia Triad, the coast of Kagase and the coast .
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Source From: Capital
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