Santorini’s Port Fund Looks to Create a Marina at Monolithos

The Thira Port Fund of Santorini has signed a protocol of cooperation with Enterprise Greece to prepare an investment plan for the creation of a marina in the Monolithos area of the island.

The protocol was signed on Tuesday between Thira Port Fund President Ilias Pelekis and Enterprise Greece CEO Elias Athanasiou and aims for the “Monolithos Marina of Thira island” project to be approved as a “strategic investment” by the Interministerial Committee for Strategic Investments (ICSI) and then included in the procedure for fast track investments. Thira Mayor Nikos Zorzos also attended the signing.

Beach at Monolithos. Photo: © Allard One / Shutterstock

The agreement among other things focuses on drawing up an investment plan for the creation of the marina, solving any issues regarding its licensing procedures before it is submitted to the ICSI, the submission of necessary documentation to ICSI and attracting investors and entrepreneurs for the construction and operation of the project.

“Our common aim is the ideal business maturity of the planned project, the preparation of an investment plan, which will examine all parameters of its technical feasibility and sustainability, will analyze and document relevant conclusions as well as the contributory benefit to the local and national economy so as to make the project attractive to the domestic and international investment and business community,” the Thira Port Fund and Enterprise Greece said in a joint announcement.

Supervised by the Ministry of Economy and Development, Enterprise Greece is a company designed to assist foreign investors and enterprises to do business with Greece.