Qatar ‘rejoins bid to develop Greek airport’
Doha, February 21, 2013
Qatar has rejoined a public competition to develop the former Athens airport, one of the prized sites of Greece's privatisation drive, a Greek spokesman said.
The emirate "has signed the confidentiality agreement and is returning to the Hellinikon tender," government spokesman Simos Kedikoglou said.
Qatari Diar, a subsidiary of the Qatar Investment Authority, had pulled out of the tender in January prior to a visit to Doha by Greek Prime Minister Antonis Samaras.
Greek reports at the time had suggested that Qatar would discuss only a direct assignment of the contract.
The three other bidders are Elbin Cochin Limited from Israel, London & Regional Properties from Britain, and Lamda Development of Greece.
Qatar has also announced it will invest up to $1.34 billion in a joint fund with Athens to bolster the Greek industry. – TradeArabia News Service
More Travel, Tourism & Hospitality Stories
- Mideast airlines top global traffic growth in Oct
- Travelport appoints online business head
- Saudi cargo plane veers off runway in Nigeria
- Gulf Air launches loyalty promotion
- Hala Abu Dhabi launches tours, safaris
- Kenya starts work on $654m airport project
- Gulf Air wins top eContent award
- Dubai fund ICD buys landmark Atlantis hotel
- Qatar Airways to launch Dallas/Fort Worth route
- Ritz-Carlton Bahrain appoints new sales chief