CONCESSIONS/PPPS
Since 1996 Avax has been sustainably investing in concessions in Greece and the wider region, mobilizing more than 280m of its own funds in an investment portfolio worth over 500m. The Group’s portfolio of concessions is particularly important and is constantly expanding as part of our strategic goal in securing a significant backlog of projects and a steady stream of long-term revenues.
Self-financing of private equity projects offers more and more solutions for the integration of our Country’s infrastructure and the implementation of smaller local projects. The Group is also involved in claiming several more concessions in our country and abroad.
The groups portfolio of confessions past & present is presented in the following table:
| AVAX % participation | Construction Cost (€ mln) | Investment Total (€ mln) | Concession period | |||
|---|---|---|---|---|---|---|
| Motorway / Road Infrastructure | Start | End |
||||
| Athens Ring Road - Attiki Odos | Toll road - 70 km | 34% | 1.600 | 2.000 | 1996 | 2024 |
| Aegean Motorway | Toll road - 230 km | 24% | 1.258 | 1.758 | 2008 | 2038 |
| Olympia Odos | Toll road - 202 km | 23% | 1.800 | 2.613 | 2008 | 2038 |
| Moreas Motorway | Toll road - 205 km | 15% | 845 | 1.060 | 2008 | 2038 |
| Road bridges | ||||||
| Gefyra | Rion-Antirion Bridge - 2.9 km | 21% | 726 | 863 | 1997 | sold in 2022 |
| Car Parks | ||||||
| OLP Car Park | 721 parking spaces | 54% | 9 | 11 | 2002 | 2033 |
| Athens Car Parks | 2,164 parking spaces | 25% | 34 | 36 | 2001 | 2032 |
| Salonica Car Parks | 528 parking spaces | 25% | 6 | 7 | 2005 | 2035 |
| Smyrni Car Park | 668 parking spaces | 20% | 10 | 12 | 2005 | 2039 |
| Marinas | ||||||
| Athens Marina | Marina - 130 berths | 86% | 6 | 6 | 2009 | 2043 |
| Limassol Marina - Limassol, Cyprus | Marina - 650 berths | 34% | 267 | 367 | 2008 | 2061 |
| Marina Lefkada | Marina - 620 berths | 26% | 9 | 10 | 2004 | sold in 2014 |
| Marina Zea | Marina - 650 berths | 10% | 12 | 14 | 2004 | sold in 2014 |
| PPP - Schools | ||||||
| 10 School Buildings in Attica PPP | Public Schools | 100% | 35 | 44 | 2014 | sold in 2019 |
| PPP - Waste Management | ||||||
| Ilia Solid Waste Treatment Plant PPP | 80kt municipal SWTP | 50% | 29 | 40 | 2019 | 2046 |
| Airports | ||||||
| Queen Alia International Airport - Amman, Jordan | 12m pax capacity | 10% | 840 | 1,100 | 2007 | sold in 2017 |
| Other | ||||||
| AIA Metropolitan Expo | Exhibition Center | 12% | 33 | 36 | 2007 | sold in 2015 |