International Interest in Greek Cruise Ports Development

The Hellenic Republic Asset Development Fund (HRADF) has announced that four investment entities have expressed interest in the international competitive procedure for the concession of activities at Katakolon and part of the old port of Patras (Section 1), as well as the Central Port of Kavala “Apostolos Paulos” (Section 2). The competition for further development of cruise activity in these three ports consists of two sections: Section 1 involves the concession rights for the use, maintenance, operation, and exploitation of the Katakolon port and a section of the old Patras port. Section 2 focuses on sub-concession rights for a part of the Central Port of Kavala “Apostolos Paulos”. Entities expressing interest include Cruise Terminals International Ltd, GPH Cruise Port Finance Ltd, LAMDA MARINAS Single-member Company for Shareholding and Exploitation of Touristic Ports, and the Consortium Cruise Terminal Investment Limited Sàrl – V Group SM SA. Following the evaluation of submitted bids, qualified candidates will proceed to Phase 2 where they will submit binding offers. This initiative aligns with policies aimed at more effective management of tourist flows in popular ports and addressing overcrowding issues.