Key Segments

Concessions

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Aegean Motorway

/ AKTOR CONCESSIONS

Aegean Motorway constitutes a critical part of the road axis that connects Athens to Thessaloniki, as it extends from Raches (Fthiotida Prefecture) to Kleidi (Imathia Prefecture).

The project involves the construction of a new 25 km motorway section, from Evangelismos (Larissa Prefecture) to Skotina (Pieria Prefecture), including among others, 3 twin tunnels – of which one is the largest road tunnel in the Balkans – 22 bridges, as well as the reconstruction and upgrading of the existing motorway, extending from Raches to Kleidi, with a total length of 230 km.

The Concessionaire “Aegean Motorway S.A.” (in which AKTOR CONCESSIONS holds a 22.2% share) signed the Concession Agreement for the design, construction, financing, operation, maintenance and exploitation of the Maliakos – Kleidi Motorway on June 28th 2007, which provided for a concession period of 30 years.

The initial investment for the project amounted to €1.3 billion, of which €700 million correspond to equity and loans, €296 to the contribution of the Greek State, while the remaining €300 million are paid off through the motorway’s toll revenues.

KEY INFORMATION

Project:

Aegean Motorway

Type:

Motorway Concession

Location:

Greece