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Thriasian Plain in Thessaloniki on lease through a tender
The tender for the lease of the former Gonos Camp in the west side of Thessaloniki, which is planned to host a modern freight center, is expected to attract the interest of several construction groups.
The area of 672 acres will also include a free trade and processing zone. The total amount of the investment is expected to reach, and possibly exceed, €300 m. The tender has been awarded to the Project Preparation Facility (PPF) of HRADF, with the notice estimated to be published in the coming weeks. The property belongs to the Ministry of Economics, which has granted its use to GAIAOSE.
Market sources estimate that the project is likely to attract the interest of GEK TERNA, the Mytilineos Group, the Ellaktor Group, Intrakat,and possibly also foreign investment funds, such as HIG, which has a strong investment interest in developing logistics infrastructure in Greece.
The plan for the exploitation of the former Gonos Camp belongs to the government’s long-term processing, as it was one of the first projects announced in the framework of TIF in 2019.
A study by EY showed that the conversion to a logistics center was the most appropriate move, as the former camp is located near the industrial area of Sindos and near the port of Thessaloniki, and offers the possibility of a direct rail connection to the port. This meanos it could function both as a temporary storage space for products unloaded in the port of Thessaloniki, and as a place for the processing/assembly of these products. Today, most of the cargo transported through the port of Thessaloniki is bulk cargo and raw materials destined mainly for the Balkan countries.
Original Source: Kathimerini.gr
Adaptation/Summary: Kiki Athanasiadis