Bid deadline for new Crete airport to be extended

Bid deadline for new Crete airport to be extended
Tags: Photo source:

The tender for the construction and operation of a new airport on the Greek island of Crete hasn't closed. According to an Infrastructure Ministry official, the bid deadline might be extended at the request of the interested parties, Reuters reported on the 6th of May.

Earlier, the Greek government had set a 6th of May deadline for the submission of bids to build the Kasteli airport in Crete. The estimated cost of the project is 850 million euros. Under the conditions of the financial crisis, Greece desperately needs to attract foreign investments. Kasteli will be Greece's fourth biggest airport and will replace the island's outdated Heraklion airport.

The expected bidders are France's Vinci, jointly with Greek contractor Ellaktor; Spain's ACS with GEK-Terna; and the China State Construction Engineering and their joint venture partner Zurich Airport.