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Crete’s Kastelli Airport bids to resume in secrecy

Νίκος Καραγιάννης

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The first stage of Kastelli Airport’s tender, that will lead to the reveal of TERNA-GMR joint venture’s offer, is still underway. According to well-informed sources, the tender is still alive and the next period will be decisive for its outcome.

The next step will be quite crucial for the project’s progress as there are high expectations for a quite attractive offer on the table. Nevertheless, the alliance of TERNA with the unknown Indian conglomerate, GMR will be important in the framework of triggering an investments influx.

GMR with a gross revenue greater than 10bn euros is a big player in the sector of airport operators in Asia, and plans to make an opening to the West using Greece as the “stepping stone” to the European market.

The scope of the project includes: the study, the construction, the funding, the operation and the maintenance of the New International Airport of Heraklion in Crete (Kastelli) along with its necessary road connections.

If everything goes as planned, after the offer’s unsealing and the consequent approval of the Infrastructure Ministry, the pre-contractual period will begin. After the project plan’s ratification by the Auditors’ Court and the Greek Parliament all that will be left to be done would be the final signatures that will allow the construction works to commence.

The concession period of the Airport is set for 444 months (37 years) since the contract’s signing. A construction time of 5 years is included setting the project’s completion just before the summer season of 2022.

The cost of the project is currently estimated at 850mn euros with the cost of the necessary expropriations reaching a considerable 100mn euros covered by the Public Investments Program. The contractor will be responsible for the projects funding.

There is also a provision for an additional financial aid by the Greek State as high as 220mn euros. The new airport will be covering an area of 1,482 acres, 98 of which for commercial use. It will be also featuring a runway 3.2 km long (extendable to 3.8 km) and road connections with a length of 30 km. The Greek State will be participating in the concession scheme with 35-55%.

 

Nikos Karagiannis-ypodomes.com

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Technical offer for Hellinikon casino project, approved

Νίκος Καραγιάννης

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Καζίνο Ελληνικό Mohegan ΓΕΚ ΤΕΡΝΑ

Α step forward has been taken in the case of the casino in Elliniko since, as it became known, the technical offer of Mohegan-GEK TERNA consortium was approved by the Gaming Supervision and Control Committee (EEEEP), which is also the finalist for this large-scale project.

What remains now is the award of the tender, a step which is currently unknown when it will take place due to the pending case of Hard Rock International’s appeal to the Council of State. It is reminded that the American company made this move despite the repeated negative decisions for it in this tender, due to the rejection of its offer.

The completion of the tender for the Integrated Resort Casino (IRC), is a basic deferral condition for the initiation of the project in Elliniko, which means that the relevant contract must first be signed in order for the signatures concerning the large investment in the spaces of former international airport to be completed.

Inspire Athens

The official name given by Mohegan-GEK TERNA consortium is “Inspire Athens” and is a mega-project, in fact the largest building project in Greece, while for GEK TERNA will be a top addition to the portfolio of projects that implements.

“Inspire Athens”, the first integrated tourist complex with casino in Greece, consists of a luxury hotel, entertainment venues, conference center, shops, restaurants, as well as a complete range of high quality services. The project will help to inaugurate a new era of touristic development and economic prosperity for Greece and the whole region.

The flagship design of the building is a creation of the international architectural firm Steelman Partners, which specializes in the design and construction of IRC complexes.

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Shift2Rail approves €75.4m funding for 19 projects

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The Shift2Rail (S2R) joint venture (JV) has announced that it will provide up to €75.4m in funding for 19 projects worth a total of €147.7m under the 2020 call for proposals for research and innovation (R&I) activities.

S2R members will undertake eight projects worth €127.7m, with the JV providing €55.4m in funding. An additional 11 open call projects worth €22m have been approved, of which up to €20m will be funded by S2R.

A total of 242 participants will be involved in the projects, with 29% of these small and medium enterprises (SMEs).

S2R received 43 requests for a combined €113.3m in funding in the call for proposals, which was around 50% more than the funding available.

“This is an important transition moment for S2R and the rail research and innovation community at large,” says S2R executive director, Mr Carlo Borghini. “These new projects are our ticket to moving into the successor programme and beyond R&I to market uptake of our forward-looking solutions.”

S2R has invested its full budget of €400m over the past four years, resulting in the launch of research worth an estimated €1bn. Last year, S2R published the inaugural edition of its Catalogue of Solutions, which offers railway executives and buyers a clearer picture of what the rail solutions of the future will look like.

 

Source: railjournal.com

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Pyrgos-Kalo Nero road project in Western Peloponnese, signed

Νίκος Καραγιάννης

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The important road project concerning the upgrade of road safety on Pyrgos-Kalo Nero axis was signed. The contractor of the project is ODOS ATE with a discount rate of 46.53%. It is a 54 km long interregional project. which includes works in both the Prefecture of Ilia and of Messinia, improving the characteristics of the existing section and increasing the level of road safety. The contracting authority is the Ministry of Infrastructure and Transport.

The project was signed on July 23 at the Ministry of Infrastructure and Transport, in Papagou. The initial cost of the project reached 19.8m euros (VAT incl., excl. VAT: 15.96m euros). The auction of the project took place on September 12 and the unsealing of the offers on September 18, 2019. A total of eight companies participated.

The duration of the contract is 730 days, i.e. 2 years. According to rough calculations, the projects, if there aren’t any delays during the construction period, will be completed in the middle of 2021.

The financing of the project will be covered by the NSRF 2014-2020 and more specifically by the O.P. YME-PERAA. It is reminded that Pyrgos-Kalo Nero was part of Olympia Odos until 2013. Then in the famous “restart”, the whole section from Patras to Tsakona was out of the scope of the project. This section also includes the area of ​​Kaiaphas, which has been designated as Natura.

The scope of the project is the implementation of short-term interventions in order to improve road safety featured on the road section of National Road 9 (National Road 9: Patra-South Messinia) “Pyrgos-Kalo Nero”, with a total length of 54 km, in the Regional Units Ilia (42 km) and Messinia (12 km).

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