Saturday, May 16, 2015

Steps pleased to have appeared “three strong proposals” – Economic


                 
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Steps pleased to have appeared

The Prime Minister admitted that” it would be bad “if the government concluded the mandate without fulfilling what he promised.

TAP / Privatization: Content prime minister appeared to have “three firm proposals” (UPDATED)

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Document Number: 19236398

Lisbon, Portugal 16/05/2015 15:26 (LUSA)
Topics: Economy, Business & Finance, aviation, privatization policy, government

*** Audio Service available in www.lusa.pt ***

Lisbon, 16 May (Lusa) – The Prime Minister showed up today pleased there are three competing to acquire TAP, ranking the offers as “firm proposals” and stating that “it would be bad” if the government concluded the mandate without fulfilling what he promised.

“I am pleased that there have been three competitors who submitted firm proposals for the acquisition of TAP”, said today Prime . minister told reporters in Lisbon, moments before lunch with Paralympic medals athletes in diverse forms

Asked if he has moral legitimacy to make the completion of the privatization of the airline for the next government, Passos stressed: ” What would be bad was the opposite, it was us to complete our mandate without being able to do what we said we would do, which was to complete this process. “

” If it is considered a moral burden for all subsequent governments privatization exercises we have done would be impossible to govern the country, so I hope as well that this issue is not discussed in those terms, “he stressed the prime minister.

On Friday the Secretary of State for Transport confirmed the Executive received three binding proposals for the purchase of TAP, revealing, however, those who formalized.

Until 17:00, deadline, came “three competing proposals” for the purchase of up to 66 % of TAP, stated Sérgio Monteiro at a press conference at the Ministry of Economy, in Lisbon.

Sources close to the privatization process confirmed to Lusa that offers left of entrepreneurs David Neeleman, German Efromovich and Miguel Pais do Amaral.

The head of Government declined to say what the specifics of the proposals submitted for the acquisition of the air carrier, stating that “there will be a proper time which will be released the terms of the proposals that were presented by each of the competitors as well as the evaluation that will be made in due course. “

” You have to see if they agree or not with the requirements of the specifications, correspond therefore, minimally, to what we want it to be a safe operation of privatization and, following that, then we will speak out, hopefully in a position to favorably conclude this process, “said the prime minister.

Pedro Passos Coelho He added that this phase of privatization will be carried out “safely, but as soon as possible” and “on schedule”.

For the Prime Minister this is a “good opportunity to make privatization of the company and thus save the company. “

The head of government also asked that this process be respected and remembered other privatizations accomplished during his tenure as the ANA Aeroportos de Portugal, EDP or the National Electric Network (REN ).

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