Greek € 370 million PPP road project approved
The government of Greece has approved the 13 km long Eastern Inner Peripheral road project in Athens.
The scope of works includes the construction of the following sections:
-
Upgrading of the 9.5 km long section from Level Junction -K5 (area of Papageorgiou Hospital - former Karatasos camp) to the area of "GENESIS" Hospital with the addition of an Elevated Expressway.
-
Widening of 3.5 km long section "GENESIS" - Level Junction -K12 (connection with Thessaloniki-Moudania National Road)
The drafting works for the auction will begin now. The project is scheduled to be awarded by end of 2021.
The expected investment for the project is EUR 370 million (US$ 422.46 million). The project will be developed under a public-private partnership program and availability payments will be made to the concessionaire.
By 2030 the project is expected to serve 7,500 cars per hour in each direction. The concession period for the project is 30 years, out of which 4 years will be construction period.
Country news
-
-
January 27, 2020
Five prequalified companies for Kalamata-Methoni road PPP in Greece
The Government of Greece through the Ministry of Infrastructure and Transport has prequalified the five teams that submitted proposals in July for the design, construction, financing, operation, and maintenance of the Kalamata - Rizomylos - Pylos - Methoni road project in southwest Peloponnese.
Read more -
November 11, 2019
Largest PPP in Greece attracts 10 interested groups
Ten groups have expressed interest in Competitive Dialogue for the largest public-private partnership (PPP) project in Greece - a EUR 840 million (USD million) Ultra-Fast Broadband project (UFBB), launched by the Ministry of Telecommunications of the Ministry of Digital Governance.
Read more -
May 23, 2019
Greece launches tender for Ultrafast broadband PPP
The Digital Policy Ministry in Greece announced tender for the development and operations of Ultrafast broadband infrastructure (UFBB) project in Greece under Public-Private Partnership scheme.
Read more -
May 17, 2019
New International Airport development approved in Greece
The Parliament's Standing Committee on Production and Trade of Greece has approved the legislation the ratifies the contract for the development of the new international airport in Kastelli on Crete. Despite some objections to the project, the committee gathered the majority of approval for the plan. The new Kastelli International Airport will be the largest construction project ever on Crete and would be one of the largest private investments in the country.
Read more -
April 29, 2019
Submission of bids moved to October for motorway concession in Greece
The submission of binding bids for the EUR 6.5 billion Egnatia Odos motorway concession has been postponed from June to October 2019.
Read more
