The consortium, Aegean Motorways, in which HOCHTIEF PPP Solutions has a 35 percent majority shareholding, is officially inaugurating the “Maliakos-Kleidi” section of highway in Greece today. With a length of 230 kilometers, this section is the most important part of the transport corridor between the Greek capital Athens and the country’s second-largest city, Thessaloniki.
The inauguration ceremony is being attended, amongst others, by the Greek Prime Minister, Alexis Tsipras, and Nikolaus Graf von Matuschka, a member of the HOCHTIEF Executive Board.
“With the commencement of operations on the new Maliakos-Kleidi route as part of Greece’s PATHE highway, the final section of this link has now also been transformed into a modern highway. Now full operations will commence. We will maintain the route in optimum condition for users,” von Matuschka says.
HOCHTIEF designed, financed and built the route in conjunction with Greek and French partners, and is operating it for a period of 30 years, whereby the concession company Aegean Motorways will also be responsible for the upkeep and safety of the route.
The investment volume of the project, which was co-financed by the Greek state, the EU, private investors and banks, is around EUR 1.5 billion. Once construction is completed the consortium will be ensuring smooth and safe operation of the toll road for a further 22 years.
HOCHTIEF (hochtief.com) is one of the most global construction groups. The Group operates construction in the transportation, energy and social / urban infrastructure segments as well as in the contract mining, PPP and
services businesses. With around 51,000 employees and a sales volume of about EUR 20 billion in FY 2016, HOCHTIEF is represented globally. With CIMIC, the Group is market leader in Australia. In the USA, HOCHTIEF is the No. 1 general builder via Turner. Flatiron ranks among the most important players in the field of civil works, mainly in the transportation infrastructure. Thanks to its commitment to sustainability, HOCHTIEF has been listed in the Dow Jones Sustainability Indexes since 2006.
HOCHTIEF PPP Solutions (hochtief-pppsolutions.com) develops and realizes concessions and operator projects in the business fields Transportation Infrastructure and Social Infrastructure. Based in Essen, Germany, this subsidiary of HOCHTIEF Solutions has business units and offices in Chile, Greece, the United Kingdom, the Netherlands, Canada and the USA. HOCHTIEF PPP Solutions offers its public-sector partners integrated, intelligent and innovative solutions for infrastructure projects.