The project will cost an estimated 1.5 billion euro
The 231 km Central Greece Motorway E-65 includes a segment running north-west/south-east through central Greece and a segment of the Patra-Athens-Thessaloniki (PATHE) toll road.
The road concession runs for 30 years. The consortium is short-listed for a third project and has bid for a fourth concession; together, those two projects represent a total investment of close to 3 billion euro.
Cintra, a toll-road and car-park company, has been selected by the Greek Government as provisional contractor to build, finance, operate, maintain and exploit the Central Greece Motorway (E65). The project is estimated to cost about 1.5 billion euro and the concession will run for 30 years.
This will be Cintra's second toll road in Greece, where it has already bid for a third project and is short-listed for a fourth (those two projects represent a projected investment of close to 3 billion euro).
In this project, Cintra is the leader (33.34%) of a consortium with ACS and Greek construction company GEK (33.33% each); Cintra will nominate the concession company's General Manager.
The road measures 231 km in total and comprises two sections:
- the Central Greece segment, to built entirely by the consortium, measures 174 km and runs north-west/south-east through central Greece, connecting the city of Egnatia to the PATHE (Patra-Athens-Thessaloniki) toll road.
- the other segment, which measures 57 km., will be built by the Greek government and transferred to the concession company