Marg Group has Submit the express of interest (EOI) to Hellenic Republic Asset Development Fund, On the invitation of IOTC GROUP

Marg Group has Submit the express of interest (EOI) to Hellenic Republic Asset Development Fund, On the invitation of IOTC GROUP To participated tender for acquisition the 67% stake in Igoumenitsa port. Portis the Strategic location allows the company to serve as a major portal between Greece and western Europe interconnection with Italy.

Its activities are mainly focused on passenger transportation through ferry connections to domestic and foreign destinations. Planned development includes RO – RO activities (Trucktransfer), Dry cargo, as well as the development of a commercial centre. There is an investment focus on marinas in western Greece ( Igoumnitsa, Syvota&PlatariaThesprotias). Currently, cruising ships sailing the Ionian Sea can only Moor at corfu and Lefkada Marinas.

MARG Group incorporated in 1994, today successfully operates the fully functional ‘MARG Karaikal Port’ having a current capacity of 21 MMTPA. In addition, the Group has developed 1.2 Mil sqft of residential space, delivered 1200 homes and has a customer base of over 4000. The Group is executing 21 major projects worth more than Euro 500 Million in varied domains through its EPC division.

IOTC Group willing to invest two major port and medium size Airport in South Part of india