Greece to privatize another 23 regional airports mostly on the islands

Greece has opened the way for the privatization of another regional airports, 23 in total. The airports are mostly located on islands in the Aegean Sea, several in mainland and two in Peloponnese.

The relevant decision by the Ministry of Transport and Infrastructure has been published in the official gazette already on October 25, 2018.

The airports are currently managed by the Greek Civil Aviation Authority.

The airports to be privatized published are:

Alexandroupolis, Ioannina, Kozani, Kastoria, Nea Aghialos, Kalamata, Araxos, Limnos, Chios, Ikaria, Skyros, Milos, Naxos, Paros, Syros, Kalymnos, Astypalea, Sitia, Leros, Kasos, Karpathos, Kythera and Kastelorizo.

At this stage the privatization is still in the very beginning of the process. The Ministry decision allows investigation with the aim to prepare and develop a plan to the above mentioned airports taking into account their functionalities as well as the prospects for further development and modernization.

The investigation will also include options for the concession terms and conditions.

The Ministerial decision practically opens the way to the privatization of these airports.

Fourteen major Greek airports were privatized two years ago with tender winner to be German-led consortium Fraport.

Source: Keep Talking Greece

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