Massive Chios Tourism Project Gets Green Light

Chios. Photo © Facebook – ΟΙ ΟΜΟΡΦΙΕΣ ΤΗΣ ΕΛΛΑΔΑΣ ΜΑΣ

A 100-million-euro investment project on the Aegean island of Chios for the development of a 5-star 700-room resort complete with museum and educational facility by Kerameia SA has been included in the government’s list of strategic “Fast Track” projects following a Ministerial Committee for Strategic Investments (DESE) decision, Greek financial daily Naftemporiki reports.

The project, budgeted at 100 million euros, includes the construction of a 5-star luxury resort, an apartment complex, a thalassotherapy facility, a conference center, a museum and educational institute, a paleontological theme park, a yacht marina and other relevant infrastructure.

As part of the deal, Kerameia SA has agreed to award the construction work to local firms, meet at least 20 percent of its employment needs from local community manpower and use local products in efforts to promote the region.

The company will also offer two scholarships to Greek university honors students, internships in the hospitality sector for young people up to 25 years old, and to contribute to the operating costs of a charitable organization within the Municipality of Chios (50,000 euros annually).