Launch of tender process for development of Lavrion Port Authority S.A.

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The Hellenic Republic Asset Development Fund (HRADF) announced the launch of the international tender for the acquisition of a majority stake (at least 50% plus one share) in the share capital of Lavrion Port Authority.

Phase A of the tender involves inviting Expression of Interest (EOI) from potential investors. "Lavrion Port Authority S.A." (LPA S.A.) currently holds an exclusive Concession Agreement with the Greek State, granting the rights to utilize and develop the land, buildings, and facilities of the Port of Lavrion for 60 years, from 2002 to 2062. Situated along the eastern coast of the Attica region, the port of Lavrion's strategic location near popular tourist destinations like the Cyclades islands and Athens International Airport makes it conducive to tourism development, including the operation of a cruise terminal and a marina for yachts.

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