Attiki Odos 25-year concession agreement ratified; One-off payment of 3.27 billion euros

Attiki Odos 25-year concession agreement ratified; One-off payment of 3.27 billion euros

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GEK TERNA completed on Friday the one-off payment of 3.27 billion euros after being selected as the Preferred Investor in the Hellenic Republic Asset Development Fund's tender for the 25-year concession of the Attiki Odos motorway. This is the highest amount in the history of the Fund, reducing public debt by approximately 1.5% of GDP, CE Report quotes Athens-Macedonian

The concession contract had been ratified by the Greek Parliament on Thursday.
The new 25-year concession, which takes effect on Sunday will bring significant benefits to users of the motorway and the public interest.

More details at the link

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