Off the wire
• Roundup: Win-win situation from synergy between EU's Investment Plan, Belt and Road initiative: experts  • Urgent: China, U.S. to focus on length, quality of negative lists in investment treaty talks  • 1st LD Writethru: U.S. dollar rises on bullish housing data  • Roundup: With new parliament in place, Turkey explores new gov't to tackle pressing issues  • New York City mayor declares Lunar New Year a public school holiday  • China, U.S. to hold climate-smart cities summit in Los Angeles this year: official  • French top officials surveilled by NSA: WikiLeaks  • China's economic reform heading to right direction: U.S. expert  • Roundup: Cholera outbreak brings more pain, sufferings to S. Sudanese  • Feature: Chinese brands add preciousness to Milan Fashion Week  
You are here: 　 Home

Lisbon's Oceanarium sold under concession scheme

Xinhua, June 24, 2015 Adjust font size:

Lisbon's Oceanarium, one of the world's largest aquariums, was awarded on Tuesday to Society Francisco Manuel dos Santos for 24 million euros (26.8 million U.S. dollars), under the government's concession scheme, Portuguese Lusa news agency reported.

The winner, who won a 30-year concession, must also pay an annual rent.

The final report is now expected to be approved by the council of ministers, according to Lusa.

The government is selling state-owned companies as part a plan to reduce its heavy debt load after the 78 billion euro bailout package it signed in 2011.

Other bidders for the aquarium included Spanish group Aspro Parks, Portuguese company Mundo Aquatico and French group Compagnie des Alps. Enditem