1. Greece: a new dynamic PPP market Despina Tomadaki Head of Financial Services Special Secretariat for Public Private Partnerships Ministry of Economy and Finance Greece

2. 3 major transport concession projects in operation 4 years before … Athens International Airport Rio – Antirrio Bridge Attiki Odos Motorway 2.22 bl Euros 0.74 bl Euros1.24 bl Euros

3. Procured and monitored by the Ministry of Public Works All co-financed by EU funds The contracts had to be ratified in Parliament as distinct laws Free standing projects Common characteristics

4. Need for a legal framework that would enable the wider implementation of PPPs Overcome the legal gap that led each co- financed project to the Parliament for ratification Overcome obstacles that delayed the implementation of projects Framework for the implementation of projects that are not jurisdiction of the Ministry of Public Works and are not repaid by the end-users The need for a new legal framework for PPPs

5. New legal framework – PPP Law 3389/2005 Result of extensive consultation Umbrella framework Incentives for the private sector Establishment of Inter-Ministerial PPP Committee Establishment of a PPP unit within the Ministry of Economy and Finance Clear approval and tendering process for PPP projects

6. Currently… Major transport concession projects fall within the jurisdiction of the Ministry of Public Works All other PPP projects are procured by other Public Sector Contracting Authorities, controlled by the Ministry of Economy and Finance (Law 3389/2005) and fall into all other sectors

7. New transport concession projects

8. The Ionian Motorway Design, Build, Finance, Operation and Maintenance of the Motorway from Antirrion to Ioannina (160 km) and part of the PATHE Motorway from Varybobi to Skarfeia (180 km) The Motorway of Central Greece (E65 axis) Design, Build, Finance, Operation and Maintenance of the Motorway from Skarfeia to Panagia (170 km) and Operation and Maintenance of a part of the PATHE Motorway from Skarfeia to Raches (60 km)

9. New transport concession projects The section Maliakos to Kleidi of the PATHE Motorway Design, Build, Finance, Operation and Maintenance of the Pathe Motorway from Tempi to Skotina (20 km) and Operation and Maintenance of a part of the PATHE Motorway from Raches to Kledi (200 km) The Motorway Korinth – Tripolis – Kalamata and the branch Lefktro – Sparta Design, Build, Finance, Operation and Maintenance of the Motorway Korinth – Tripolis – Kalamata and the branch Lefktro – Sparta (205 km)

10. New transport concession projects The Motorway Elefsis – Korinth – Patras – Pyrgos – Tsakona Design, Build, Finance, Operation and Maintenance of the Motorway Elefsina - Korinth – Patra – Pyrgos - Tsakona (365 km) The Thessaloniki Underwater Artery Design, Build, Finance, Operation and Maintenance of The Thessaloniki Underwater Artery (4 km)

11. New transport concession projects All these projects (with the exception of the Salonica underwater tunnel) have been tendered by the Ministry of Public Works and are now under construction The Ministry of Public Works has just tendered two new concession projects: The new urban motorways in Attica The new airport of Heraklion in Crete

12. PPP projects under the new PPP Law Law 3389/2005

13. The new PPP Law - a major reform is now in place in Greece The Greek Government has proven to be very consistent 52 PPP projects on track 5.7 bn Euros worth of opportunities The first PPP contract was signed Two more to reach financial close by the end of the year In process 14 tenders amounts to 1.5 bn Euros A new market with high potential was created

14. Actions Clear legal framework PPP Unit Plan of action & prioritization Integration of PPPs in government policies Taking care of the funding issue Briefing the market & educating the public sector Pipeline of projects Smooth and transparent tender process

15. www.ppp.mnec.gr/en

16. Pipeline of projects

17. Common characteristics of projects Public service PPPs Evaluated by the PPP Unit Approved by the IM PPP Committee Contracting authorities: public sector authorities that have the responsibility to tender them Monitored by the PPP Unit Restricted procedure

18. I. Public Sector Accommodation 22 projects (Fire stations, police stations, buildings for Prefectures, etc) Of a total value of 1.687 bn Euros First contract signed and set in force in April Two more projects to reach financial close by the end of the year 5 more projects under tender

19. II. Education 8 projects (schools, university buildings, residences) Of a total value of 800 M Euros 4 tenders already launched

20. III. Justice 2 projects (prisons and courts of justice) Of a total value of 360 M Euros 2 tenders already launched

21. IV. Health 4 projects (hospitals) Of a total value of 1 bn Euros 1 tender already launched

22. V. Tourism and sports 4 projects (conference centre and sports centres) Of a total value of 340 M Euros 1 tender already launched

23. VI. Ports Infrastructure Security systems in 12 ports - 342 M

24. VII. Environment 3 projects (waste management systems and sewage network) Of a total value of 450 M Euros

25. VIII. Defense 5 projects (new and existing buildings, flight simulation centre, security systems) Of a total value of 420 M Euros

26. IX. Transportation 2 projects (integrated fare collection system, integrated telematics system) Of a total value of 140 M Euros

27. X. Municipal PPP projects 2 projects (parking centre – house for elderly) Of a total value of 50 M Euros

28. Smooth and transparent tender process Tenders in accordance with EU legislation Restricted procedure is used (2 phases) Phase I - EoI : Pre selection of bidders Phase 2 - Submission of Final offers : Input and detailed output specifications are provided to pre selected bidders Pre-selection and selection based solely on objective criteria Minimized bidding costs for contractors Minimized risks for legal challenges

29. Conclusion Public Private Partnerships: an established market in Greece New opportunities for both public and private sector More than 1 5 0 companies have participated in advisory tenders 45 companies have participated in PPP tenders – 10 international Greece: focal point on the map of PPPs across Europe Great potential for those seeking entry into new, dynamic markets

30. Contact details Special Secretariat for PPPs Ministry of Economy and Finance Greece Tel: +30 210 3375750 www.ppp.mnec.gr e-mail: ppp@mnec.grppp@mnec.gr