Since yesterday, a delegation of 70 executives from Greek companies and market operators has been in the world’s fastest growing economy, India.
The mission left together with the Deputy Minister for Economic Diplomacy and External Affairs Costas Fragogiannis and the general secretary of International Economic Relations and president of Enterprise Greece Myra Myrogianniwhile the prime minister will follow Kyriakos Mitsotakis.
Until next Friday, February 23, in New Delhi, Mumbai and Bangalore, Greek companies will seek through 500 meetings to explore the possibility of collaborations with Indian businessmen but also to jointly identify investment opportunities.
In the epicenter of the Greek mission is located TAIPED with the managing director Dimitris Politis to have in his… luggage, them presentation files of 12 properties and infrastructures of the Greek Stateto look for investments and among them, is included the port of Patrasalong with the ports of Alexandroupolis and Lavrio.
The head of TAIPED will present to the representatives of the Indian market the investment opportunities that exist in these infrastructures. The Port of Patras is one of the next that prepares the TAIPED for exploitationbut without having determined the start of the tender as well as the subject of the concession.
The Fund, however, seeks from now on search for interested investors for a port that is mainly transport, as it mainly serves passenger and freight transport of the Adriaticbut lately it seems to be gaining particularly important for attracting cruise shipswhile it has infrastructure for seaplanes but also expands its plans with a mega yacht marina.
The northern part functions primarily as commercial port (bulk cargo etc.) and passenger (inland ferry traffic), cruise (passenger terminal approx. 2,000 m2). Overall the usable space is 21,000 sq.m. and its main equipment includes 2 cranes, 14 forklifts, etc.
The fact that TAIPED has successfully “closed” and indeed with high prices, privatizations and asset utilizations of almost 4.5 billion euros (plus annual income from leases, but also 310 million investments) in the last period of time, it is a legacy for the other infrastructures as well.
However, competent actors of port operationsreport to “Peloponnisos” newspaper that the search for investors for the port of Patras is still located at an early stage, as its connection with the country’s railway network is a dominant criterion for attracting investment interest.
Therefore, if there is no visible prospect of a rail connection, TAIPED does not intend to officially start investor search procedures.
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