The joint-venture of GEK Terna Group and GMR Group is set to begin preparatory works for the construction of the New Heraklion International Airport in March 2019.
The consortium was awarded a 35-year concession contract to design, build, finance, operate and maintain the new airport in September 2018. The award was ratified by the Greek Court of Auditors in December, permitting the commencement of construction, though the Greek Parliament is still yet to ratify it.
Replacing the existing Nikos Kazantzakis Airport at Heraklion, the new airport will be situated to the south-west of the Hellenic Air Force Base of Kastellia and will feature a 3.2km runway. Construction is expected to take five years.
Country updates
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January 22, 2019
Greece approves new broadband PPP project
The Interministerial PPP Commission of the government of Greece has approved a PPP project to deploy ultrafast broadband across the country. The selected private partner will develop a fiber opt...
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January 15, 2019
Greek municipality launches RFEOI for school PPP project
The Municipality of Chania has launched a Request for Expressions of Interest (RFEOI) for the design, financing, construction, technical management and operation of eight schools in the municipality,...
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January 09, 2019
Private partner to develop new marina in northern Attica
The Infrastructure Ministry of the government of Greece has commissioned a consultant to support the preparation and tender of a new marina project in northeast Attica. The project will be i...
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January 02, 2019
Preferred investor selected to operate Greek marina
The Hellenic Republic Asset Development Fund (HRADF) has announced that its Board of Directors has declared the investment scheme “AVLUM ENTERPRISES COMPANY LIMITED – IOANNIS &am...
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January 02, 2019
Greek Court of Auditors approves airport concession award
The Greek Court of Auditors has approved the award of a concession to construct and operate a new international airport on the island of Crete to Ariadne Airport Group, a consortium comprised of GEK T...
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