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Resilience Funds Drive Tourism Projects in Greece
Posted On 09 Nov 2022
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Tag: Autohellas Hertz Attica Group, Avis, Covid-19 impact Greece, economy, finance ministry Greece, funding tools Greece, Greece economy, Greece investments, Greece tourism investments, investments, l11498l, l11903l, l1417l, l446l, National Recovery and Resilience Plan Greece 2.0, Theodoros Skylakakis, tourism and travel, tourism and travel Greece
Village Resort & Waterpark in Heraklion, Crete.
“Greece 2.0”, the country’s national recovery and resilience (RRF) plan, will be funding five major hotel investments budgeted at 106 million euros out of a total of 41 projects, Deputy Finance Minister Theodore Skylakakis recently announced.
Four more tourism-related projects valued at 586 million euros are also on the list. Skylakakis presented the approved investments in parliament this week.
These include the 42-million-euro renovation of the 5-star, 275-room Village Resort & Waterpark in Heraklion, Crete. The project will be allocated 15 million euros in RRF funds.
Patmos Aktis Hotel.
Next on the list is a 5-star, 261-room hotel on Kos valued at 40 million euros to receive 15 million euros in support; a 5-star, 97-room facility at Apokoronas (Crete) budgeted at 14.4 million euros and securing 7.2 million euros in funding; and the extension and upgrade of the Patmos Aktis valued at 8 million euros and receiving 3.2 million euros in support.
Lastly, a tourism project on Serifos, budgeted at 1.1 million euros, will receive 50 percent of the total investment cost from the Greece 2.0 plan.
Photo source: @Thodoros Skylakakis
Other projects securing support include two investments by AVIS and one by Autohellas Hertz for the upgrade of their fleet to electric and plug-in vehicles as well as an Attica Group project for the digitalization of its coastal shipping systems and services.
