NEWSLETTER // JUNE 2024
Hellenic Republic Asset Development Fund (HRADF / ΤΑΙΠΕΔ)
HRADF’s mission is to act as a strategic partner for the Greek State to attract and promote investments.
Asset Development & Ports Planning Authority
Beach & Camping in Agia Triada
On June 13, HRADF received three offers for the development of the beach and camping in Agia Triada, in the Municipality of Thermaikos from the following schemes:
? Antonios Iakinthos.
? INNOVATION AND DEVELOPMENT Sole Proprietorship S.A.
? MATENISA TRADING CO.
On June 27, following the evaluation of the bids, the Fund decided to launch the electronic competitive process for the submission of improved financial offers.
Argostoli Marina
On June 14, the Board of Directors accepted the improved offer submitted by A1 Yacht Trade Company S.A. regarding the development of the Argostoli Marina and the company was subsequently declared as the Preferred Investor. The improved offer includes a one-off fee of 1.5 million euros and an annual return amounting to 1.9% of gross revenue from the operation of the Marina. The company will implement investments exceeding 30 million euros for the upgrade and maintenance of existing infrastructure.
Project Preparation Facility (PPF)
National Health System
Seven contracts were signed in June for the upgrade of the infrastructure in five General Hospitals “Laiko” (Athens), Mytilene, Kymi, Karystos and “G. Papageorgiou” (Thessaloniki) and 11 Health Centers across the country (Andros, Tinos, Patmos, Paros, Milos, Ios, Astypalea, Egaleo, Peristeri, Salamina, Elefsina and Schimatari). These projects, included in the National Recovery and Resilience Plan “Greece 2.0”, are scheduled to be completed by the end of 2025 and have a cost amounting to 25 million euros.
Civil Protection - National Programme "AIGIS"
Three contracts of 10.8 million euros for the purchase of fire engines and other response vehicles for the Hellenic Fire Service were signed on June 3, following a tender which was prepared and carried out by the Project Preparation Facility of HRADF. The tender was part of the National Programme “AIGIS”, the biggest orchestrated initiative for the upgrade of the Civil Protection mechanism.
Environment – National Reforestation Plan & Antinero III
At an event held in Alexandroupolis, on June 5, on World Environment Day, PPF officials presented the projects assigned to the Facility by the Ministry of Environment and Energy regarding the National Reforestation Plan (NRP). The event was attended by the Minister of the State, Akis Skertsos, and the Deputy Minister to the Prime Minister, Thanasis Kontogeorgis.
Additionally, on June 10 and 12, three contracts amounting to 13.2 million euros were signed in the context of the Antinero III programme, involving cleaning and the implementation of prevention measures for the protection of critical forest ecosystems in the areas of Chalkida, Limni, Istiaia, Drama and Nevrokopi, covering a total area of approximately 22,300,000 square meters.
Sustainability, ESG and Climate Change
In June, HRADF’s Sustainability, ESG and Climate Change Department, in close collaboration with the Ministry of Maritime Affairs and Insular Policy, initiated the preparation of a Feasibility Study at national level regarding the development of onshore power supply infrastructure for docked ships in Greek ports. The study aims to identify the energy needs and the required power supply slots per port, estimate the cost of the infrastructure and conduct a cost-benefit analysis of the proposals, considering environmental and social criteria. Finally, the study will propose which ports should be prioritized for the development of onshore power supply infrastructure and will identify potential financing scenarios.