Arab investors eyeing Thessaloniki port?

Greece’s Thessaloniki port has reportedly caught the attention of Arab investors.

Stergios Pitsiorlas, chairman of Greece’s privatisation fund, told a conference in Athens that Middle East-based parties have shown their interest in the country’s second biggest port, Bloomberg reported.

The binding bids for the port of Thessaloniki were expected to be submitted in September but the deadline was later stretched to January.

Greece is looking to sell a 67% stake in the hub as part of its bailout deal with lenders, which also saw Cosco take control of Piraeus.

Five groups have shown interest in bidding for the Thessaloniki port: APM Terminals, DP World, ICTSI, Deutsche Invest, Russian Railways and GEK Terna.