ATHENS: The Hellenic Republic Asset Development Fund (TAIPED) has said that three major privatization projects and several smaller ones are being fast-tracked by the government. The goal is to set the process in motion by October this year, subject to the government and its creditors completing all planned parliamentary and other procedures, and barring additional delays such as early elections.
TAIPED is in charge of proceeding with all privatization tenders that were in its portfolio as of December 31, 2014. As agreed between Greece and its creditors, the new 50-billion-euro fund will be established in the next few months and will include real estate, public participation and concession rights.
