33 operators are interested in Port privatization.

The secretary of the transport ministry and chairman of the CPA, Alecos Michaelides, stated that there were 70 inquiries and a total of 33 written expressions of interest for the Limassol port commercialization tender.

The evaluation of all 33 expressions of interest will be completed by early August. The selected operators will be shortlisted and asked to submit formal bids by the end of November. The process is expected to be completed by the first quarter of 2016.

Throughout this time, there will be meetings with the project team and consultants from the ministry of transport with the bidders who will be given any information they need for the preparation of the bids for 3 sections of the port:

• the container terminal (license duration 25 to 30 years)
• the provision of maritime services (license duration 25 to 30 years)
• the multi-purpose passenger terminal(license duration 10 to 20 years).

Limassol port's commercial operations are to be privatized under a deal between the government and international creditors.

Source: Cyprus Mail