Signing of the 20-year extension of the Athens international airport concession agreement

The signing of the extension of the 31.07.1995 Airport Development Agreement for 20 additional years (ie until 11.06.2046) took place on September 30^th, 2017 by the Greek State, through the Minister of Finance, HRADF and the “Athens International Airport SA” (AIA).

It is reminded that AIA’s offer provides a total cost of €600 million, including the corresponding VAT. The net proceeds from the privatization program amount to €483.87 million. The completion of the transaction is subject to approvals by the competent European authorities and the Greek Parliament.

The signing of the extension agreement sends a strong message of confidence, inside and outside Greece, for the Greek economy and represents recognition of one of the most successful private and public sector partnerships.