COSCO is the only bidder for OLP

COSCO is the only bidder for OLP

Athens, January 12, 2016/ Independent Balkan News Agency

By Olga Mavrou

As it was officially announced today, the Chinese COSCO was the only bidder in the tender for the 67% of the OLP (the Piraeus Port Authority under privatization).

The next step is that the HRADF (Hellenic Republic Asset Development Fund or TAIPED)   calls the bidder to make an even better offer, which is considered rather improbable, since COSCO in a statement today mentioned that the offer is “exceptionally good under the circumstances”.