NEWS

American businessman Howard Jones, the owner of telecom giant IDT, and behind the oil drilling and oil company Genie Israel, informed the tender committee that he intends to bid in the tender together with the business development company Pangea, owned by Henry Orlinsky, Sharon Weizman- Avidar, Meir Ben Rechav and Rafi Kaminer.

Both companies shall jointly hold the concessionaire (SPC). Despite the ambiguity surrounding the Chinese participation in the work, they reported that they recruited the Chinese giant CREGC as the design and construction contractor for the project.

CREGC, which will also serve as an integrator, is a subsidiary of China National Railways (CREC), and according to the developers, the Chinese government has approved it to participate in the project.

As the railway operator and its maintenance contractor (O & M), IDT and Pangea offer public transportation from Stasy, Greece. The Greeks are responsible for operating five public transportation lines in the Athens area, and according to the group, they meet the necessary pre-conditions in the tenter.

29.06.2017

Bluestone Capital SA and Pangea are joining forces

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