Bids opened for the main section of the VOAK

The Greek construction group GEK TERNA has emerged as the front runner for the construction of the main, Chania-Heraklion, section of the new Greek National Road 90, or VOAK (Northern Road Axis of Crete). Following the opening of the tenders on Thursday 25th January, the company was found to have submitted the most economic bid for the concession to construct the motorway and run it for a period of 30 years. The two runners-up were the IDOMENEAS consortium, formed by the Greek AVAX and EGIS groups along with the French Infrastructure investor MERIDIAM, and the consortium AKTOR CONCESSIONS – MYTILINEOS.

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