HRADF: Signing of the agreement for the sub-concession of a terminal within “Philippos ΙΙ” port of the Port Authority of Kavala S.A.

The Hellenic Republic Asset Development Fund (HRADF), a member company of GROWTHFUND – The National Fund of Greece, announces that today, Thursday, November 23, 2023, took place the signing of the sub-concession agreement for the development of “Philippos ΙΙ” port, currently operated by the Kavala Port Authority (OLK S.A.). The agreement was signed by the Greek State, HRADF, the Kavala Port Authority and the company “SARISA SUB-CONCESSION PORT OF KAVALA PHILIPPOS II S.A.” established by the consortium “International Port Investments Kavala” that was declared as the highest bidder in May 2022 in the tender operated by HRADF. Under this agreement, the investor assumes for 40 years the right to use, operate, maintain, and develop a multi-purpose terminal within the port.

 

For more information, please refer to the attached document