Greek highway deal for Terna?

Greek firm GEK Terna is preferred investor for a key highway deal.

By MJ Woof September 28, 2023 Read time: 1 min

GEK Terna is preferred investor for a key route in Greece and Terna has extensive experience building highway sections in the country – image © courtesy of Mike Woof

The Greek firm GEK Terna is the preferred investor for Greece’s important Attiki Odos beltway. The concession package will be for a 25-year period and will cover financing, operation, maintenance and utilisation.

The firm was nominated as preferred investor for the route by Hellenic Republic Asset Development Fund (TAIPED). The company made an offer of €3.27 billion for the concession package.

Terna has considerable experience in Greece as a contractor, having built many of the country’s key highway routes.

Finance & Funding

For more information on companies in this article

Gek Terna

Greek highway tenders worth €693.5 million opening

Greek highway tenders worth €693.5 million are opening for bids.

January 21, 2022

Italian highway deals moving ahead

March 17, 2021

Kaspch improves Greek tolling accuracy

Kapsch’s Hybrid multi-lane toll system means overpaid costs for the entire section will be credited back to the driver's account.

December 28, 2023

VINCI, Extrabit adaptive lighting in Greece

The system on a section of the tolled 218km-long highway - also known as Motorway 8 - adjusts the lighting to suit the driving conditions, according to highways operator VINCI Highways.