Investments

The Greek government has approved a strategic investment that will take place over the next four years in the affluent residential suburb of Voula, south of Athens’ city center.

Elivi Hotels received the green light from Greek authorities to proceed with a 52-million-euro strategic tourism investment on the island of Skiathos.

All the more investors are eyeing Greece expressing interest in services such as IT and maritime infrastructure, according to Development Minister Adonis Georgiadis.

The regeneration of the coastal front at Ellinikon on the Athenian Riviera will promote Athens as a year-round destination, according to Lamda Development CEO Odisseas Athanasiou.

Six business groups have expressed an interest in acquiring a concession for the marina of Kalamaria in Thessaloniki, northern Greece, according to the Hellenic Republic Asset Development Fund (HRADF).

Plans for Greece’s first ‘green’ skyscraper, to go up along the Athenian Riviera as part of The Ellinikon project, were recently presented by Lamda Development.

Hellinikon, a highly anticipated, controversial and delayed project in Greece, set to breathe new life into the Athenian Riviera, is ready to begin.

The Hellenic Republic Asset Development Fund (HRADF) is looking for an investor to transform the Gournes property into a new iconic destination for Crete.

The Greek government has revealed its plan for the regeneration of the 70km coastal zone extending from Faliro to Sounio on the Athenian Riviera.

Greece has taken its first step towards a “greener future”, with the delivery by Volkswagen Group of eight electric vehicles to the South Aegean island of Astypalea.

Greece’s tourism sector stands to gain significantly once its recovery plan is passed in Brussels, and funding is released and channeled into a number of landmark projects.

Fraport’s decision to invest in the upgrade of 14 regional airports in Greece is sending a loud message to global investors who are interested in doing business in the country.

The Greek island of Ios is moving ahead with the creation of its own waterway after the finalization of the licensing process by the Transport Ministry.

Prime Minister Kyriakos Mitsotakis said Greece was entering a new era thanks to a 440-million-euro investment by Fraport in the upgrade of 14 regional airports.

Development procedures for Greece’s 23 regional airports have kicked off starting with Kalamata, according to the Hellenic Corporation of Assets and Participations.

Works at Hellinikon, one of the largest investments on the Athenian Riviera in Greece, are set to begin in the coming months.

The Greek Shipping Ministry will launch a tender for a new ferry service to connect Thessaloniki with the Sporades islands three times a week.

Greece is a high end destination with unique investment opportunities, GNTO President Angela Gerekou informed investors.

The Hellenic Republic Asset Development Fund has launched an international tender for the development of Crete’s port of Heraklion.

Τhe Hellinikon investment in Athens is moving closer to implementation after the Greek parliament ratified the contract transferring partial ownership of the area to Lamda Development.