Eight contenders for the expansion project of Piraeus Port Cruise Terminal

Eight big joint ventures participated in the tender regarding a major expansion project of Piraeus Port Cruise Terminal. According to secure information, the 8 contenders are:

1. STFA Insaat A.S.

2. TEKAL S.A.

3. J//V CONSTRUTTORE COMPANY LTD – DERE CONSTRUCTION TAAHHUT ANONIM SIRKETI

4. ETERMAR ENGENHARIA E CONSTRUCAO S.A.

5. J/V EIFFAGE MARINE – TERNA S.A.

6. J//V CYES MARITIME WORKS – EUROFINSA S.A.

7. J/V ACCIONA CONSTRUCCION S.A. – MYTILINEOS S.A.

8. BOSKALIS B.V.

Implementing entity of the project is Piraeus Port Authority (OLP S.A.). The expansion will create additional docking spaces while with its completion, the Port of Piraeus will be able to accept the largest cruise ships in the world and could finally become a home port. More particularly, it will be able to serve 4 new-generation cruise ships with a length of over 400 meters each.

The cost of the project is 168.99mln euros (VAT incl., VAT excl. 136,28mln euros). The auction is scheduled for August 31, 2018, while the opening of the bids will take place towards the end of September. The target is to for the project to have a contractor in October.

The duration of the project was set at 1,019 days (over 34 months) and if the contract is signed until Spring 2019, then it could be completed by early 2022.

The project is funded by NSRF 2014-2020 and more specifically by Attica region’s O.P., in which it is the largest co-funded project. At the same time, the commitment of PPA’s Chinese administration for investments of more than 300mln euros is being fullfilled, as this project accounts for 50% of the total investment plan for the five-year period 2017-2022.

Nikos Karagiannis-ypodomes.com