Minoan Group - Re: MIN Stream Log - Tourism Returning again to tourism,...

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13:39 15/03/2015

Tourism Returning again to tourism, noteworthy is the emerging new investment plan, according to information- preparing to submit to the Astir Palace, after the blockade of the CoE in the previous plan, the investment scheme in which it holds a 33.75% Turkish Dogus and smaller percentages the Abu Dhabi Investment Council, the state insurance fund of Kuwait and other Arab interests. The price for the Star recalled that 400 mil. EUR and the total investment amounts to the level of 700-800 million. Recall that Dogus went a few weeks ago and other investments in Greece. In particular, the Turkish group increased its shareholding in K & G Management Marinas Mediterranean SA Controls are the 90.37% of K & G, which holds 51% of the marina of Gouvia in Corfu, 27% of the marina of Lefkada, 23% of Zea and 60% of Kalamata marina. It also checks with the Lamda Development 50% of the marina Flisvos and participates in the competition of HRADF for granting marina Alimos supplied with shelters boats in Poros, Hydra and New Epidaurus. The contest is in its second phase. On the issue of ports certainly identified and the two most typical cases "persistent investors." This is the Chinese Cosco which claimed 67.7% of the share capital of PPA and the Danish Maersk which participates in the same competition and the corresponding to the port of Thessaloniki, where is the most prevalent contenders. Finally, still alive, according to sources TAIPED- and interest of Russian RZD and the American Watco Companies for TRAINOSE. It is worth noting that the Minister of Defence Mr. P. Glowing in 2 different reports at the end of the week he spoke of any concession agreements to private rail services, Thriasio and Piraeus Port.}

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