Moreover, tenders for more than 25 properties
are expected to be launched in 2016, along with
the tenders concerning infrastructures and com-
panies. The Fund does not provide any further
details for the tenders that are still underway,
given that the new public property development
super-fund is still in the making.
Why are privatisations necessary?
According to a study by the Organisation for
Economic Cooperation and Development (OECD)
on Greece, privatisations are deemed necessary
for the Greek economy and society, for many spe-
cific reasons, which are discussed in detail below:
Infrastructure
Low transportation infrastructure quality. The
problem is particularly acute in railways, and to a
certain extent in the road network.
Reforms are already underway for dealing with
the weaknesses of the transportation sector, albeit
In real estate, 43 properties were sold during
2011-2015.
The tender for the exploitation of a property in the
Poseidi Kalandra area, Chalkidiki, was also
launched in late 2015.
2016
According to the Asset Development Plan
(30.07.2015), the government has selected 9 pri-
ority projects:
• Regional Airports
• Hellinikon (site of the former Athens airport)
• Astir Palace Vouliagmeni
• Aphantou, Rhodes
• The Hellenic Gas Transmission System Operator
(DESFA)
• OLP (Piraeus Port Authority)
• OLTH (Thessaloniki Port Authority)
• TRAINOSE & Hellenic Company for Rolling
Stock Maintenance (ROSCO)
• Athens International Airport (AIA)
Trade with Greece
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