Greek Prime Minister Alexis Tsipras inaugurated the first phase of a 245-million-euro underwater power cable link project, initially connecting five Cycladic islands to the mainland.
Greek Culture Minister Lydia Koniordou has approved the investment plan and the environmental impact study for the overhaul of Astir Palace in Vouliagmeni.
The Greek tourism sector is showing healthy signs of recovery but for growth to continue infrastructure should be upgraded immediately, according to SEV.
Ways to tap into the expansion of combined transport and upgraded infrastructure were explored during the 1st conference on "Infrastructure and Transport in Greece: Prospects for Development” held in Athens.
Greek Prime Minister Alexis Tsipras is expected to sign a three-year agreement with Chinese officials to attract investment to Greece, during his visit to Beijing in May.
A consortium of financial institutions will lend Fraport Greece approximately 1 billion euros for the 40-year concession of 14 airports across the country.
Newly appointed Shipping and Island Policy Minister Panagiotis Kouroumblis has set speeding up the licensing procedures for Greece’s pending waterway network as a leading priority upon taking office earlier this month.
Paros Airport is an important infrastructure project that will contribute to tourism and the economy, Prime Minister Alexis Tsipras said from the Cycladic island of Paros on Friday during the inauguration of the new airport there.
The new airport of Paros, expected to handle four times the traffic and contribute to an increase in tourism, strengthen the local economy and create new jobs, is set to open its doors and be fully operational on July 25.
Nine Greek transport projects are slated to receive EU funding under the Connecting Europe Facility (CEF) after the European Commission’s decision earlier this month to inject 6.7 billion euros in transport infrastructure to boost jobs and growth.
Six regional airports in Greece will get EU funding to the tune of 197 million euros towards their upgrade under the EU Infrastructure Investment Plan, the Greek Infrastructure, Transport and Networks Ministry announced.
