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ATHENS, Jan. 16 (Xinhua) -- Greece gave a new boost to its stagnant1 privatization program on Wednesday with the launch of an international public tender for the development of two major projects.
The tender involves the Astir Palace luxury resort complex on the so-called Attica's Riviera, and the second phase for development of the former "Hellenikon" international airport at the southern coastline of Athens.
Greece's National Bank, the largest shareholder2 in Astir Palace Vouliagmeni S.A., and a smaller shareholder -- the state privatization fund Hellenic Republic Asset Development Fund (HRADF), invited potential investors3 to submit first expressions of interest for the acquisition of a majority participation4 in the entity's share capital.
The deadline for the first phase of the tender concerning the 307,000 square-meter hotel complex and land plot situated5 25 km from the Athens International Airport expires on Feb. 28, 2013.
In the meantime, HRADF proceeds to the second phase of the tender for the development of "Hellenikon" with three bidders6 - the local Lamda Development S.A., the Israeli Elbit Cochin Island Ltd. and British London & Regional Properties.
The eligible7 investors are now called to submit their binding8 offers for the acquisition of 100 percent of shares of Hellenikon S.A. and final business plans for the site's development in July 2013.
Greek state officials expect that this project will boost Greek GDP by some 0.3 percent annually9 and create more than 10,000 job positions in the next decade in a debt-laden country hit hard by recession and record high unemployment rates over the past three years.
Greek government aims to accelerate at least 11 sell-off projects within the second quarter of 2013. The country seeks to raise about 50 billion euros (67 billion U.S. dollars) from the program by 2020 under terms of bailout deals with international lenders who keep the country afloat since 2010.
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1
stagnant
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adj.不流动的,停滞的,不景气的 | |
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2
shareholder
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n.股东,股票持有人 | |
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3
investors
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n.投资者,出资者( investor的名词复数 ) | |
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4
participation
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n.参与,参加,分享 | |
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5
situated
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adj.坐落在...的,处于某种境地的 | |
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6
bidders
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n.出价者,投标人( bidder的名词复数 ) | |
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7
eligible
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adj.有条件被选中的;(尤指婚姻等)合适(意)的 | |
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8
binding
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有约束力的,有效的,应遵守的 | |
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9
annually
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adv.一年一次,每年 | |
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10
labor
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n.劳动,努力,工作,劳工;分娩;vi.劳动,努力,苦干;vt.详细分析;麻烦 | |
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11
limbo
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n.地狱的边缘;监狱 | |
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