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Greece’s Top-20 big infrastructure projects underway in 2021

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From ypodomes.com we have many times presented the highest cost projects under construction. But this is because projects are changing. Some are added, some are removed from the list.

With the NSRF 2014-2020 being in full swing and adding many important new projects to this list, we see that many of the projects are in a mature construction phase and will be completed in 2022. Many of them are in the top ten of the great works of our country.

Today we present to you the 20 largest (in terms of cost) under construction projects in Greece, as recorded at this time. Their ranking is as follows:

Positions 20-16

20.KEL Koropi-Paiania: 113 million euros. In the advanced works phase. Possible operation in 2022. Contractor: J / V ROUTSIS-ERETVO-AGAGIS.

19. Kozani Photovoltaic Park: 127 million euros. This is a new green energy project with a view to the option of de-lignification of the country. It will be completed in 2024. It is manufactured by MYTILINEOS.

18. Sepolia Railway Tunnel: 150 million euros. This is a project that will be completed after 2024. It is being constructed by JSC INTRAKAT-RAILWAY PROJECTS SA.

17. Completion of the Aktio-Amvrakia highway: 150 million euros. This is a dilapidated project with previous contracts starting in 2010. The broom contract has been undertaken by MYTILINEOS since the end of 2020. It should be completed by the end of 2023.

16. Reconstruction works of Faliriko Bay: 150 million euros. It will be completed at the end of 2021 (a new contract is required for the creation of a coastal park). It is manufactured by AKTOR.

Positions 15-11

15. Peloponnese Waste Treatment Units: 160 million euros. The projects are in progress and if everything goes as planned, 3 new units will operate in 2022-2023. It is being built by TERNA ENERGIAKI.

14. Extension of the cruise pier of the Port of Piraeus: 160 million euros: The project is progressing with some individual issues. It is estimated that it will be completed at the beginning of 2023. It is being built by TEKAL.

13. Railway infrastructure project of Psathopyrgos-Rio section: 215 million euros. In the advanced construction phase. It is manufactured by DG INFRASTRUTTURE.

12.IGB: 240 million euros. Another major energy project, a gas pipeline connecting Greece and Bulgaria. Its completion is placed at the end of 2021. It is manufactured by AVAX.

11. Southern Section of the E65-Lamia-Xiniada Motorway: 300m euros: The works started at the beginning of 2019 and a 14km section has already been assigned. The first branch of the Othrios Tunnel was also opened. The project is estimated to be completed in 2022-2023. It is manufactured by TERNA.

The 10 largest projects in the country are the following:

10. Agios Nikolaos Power Plant of Viotia: 340 million euros. The project implemented by Mytilineos is in full swing and is nearing completion. Its completion is placed at the end of 2021. It is manufactured by MYTILINEOS.

9. Komotini Power Generation Unit: 375 million euros. A project signed this summer. It is manufactured by TERNA on behalf of J / V MOTOR OIL-GEK TERNA. It will be completed in 2024.

8. Northern Section of the Central Greece Highway E65 Trikala-Egnatia: Project signed before the summer. According to the schedule, it will be completed in 2024. 442 million euros. It is manufactured by TERNA.

7. New Kastelli Airport of Heraklion: 500 million euros: Now we are in the preliminary works. From 2021 we expect the start of the main project. It is estimated that it will be completed in 2025. It is being built by TERNA on behalf of JSC TERNA-GMR.

6. Thessaloniki Metro: Patrikios-Mikra Branch: 500 million euros: The project is in advanced construction. It is estimated that it will operate in 2024. It is manufactured by AKTOR.

The 5 biggest projects in the country are the following:

5. Athens Metro: Extension of Line 3 Agia Marina-Municipal Theater: 660 million euros: The first half is already in operation. The rest (Nice-Municipal Theater) is estimated to operate in the summer of 2022. It is being built by J / V AVAX-GHELLA-ALSTOM.

4. Electricity Interconnection Attica-Crete: 1 billion euros. The multiple contracts are in progress and the project as a whole is estimated to be completed in 2023. Contractors: NEXANS, PRYSMIAN, K / X HELLENIC CABLES-NCT, J / S SIEMENS-TERNA.

3. Thessaloniki Metro Baseline: 1.1 billion euros: It will operate in 2023. It is being built by J / V AKTOR-IMPREGILO-HITACHI.

2. New Ptolemaida Lignite Unit 5: 1.4 billion euros: It will be operational in 2021. It is being built by JSC TERNA-HITACHI.

1. New Line 4 Athens Metro: 1.8 billion euros. A new project that will keep us company for several years. For the coming years it will attract funding from the NSRF 2014-2020. According to the contract schedule, it will be completed in 2029. It is manufactured by J / V AVAX-GHELLA-ALSTOM.

Change in the dominance of projects

What we observe is that at this time the dominant major projects in the country are fixed track (railway and Metro projects) but also important energy projects.

In the next period, which concerns the next 12 months, this list is going to change as some projects are completed but some other projects will be seen entering. New and long-awaited projects that are estimated to start are Patras-Pyrgos and the flyover of Peripheral Thessaloniki.

In general, this year has been a year in which we see significant reshuffles in the grading of major projects with the predominant element now the absence of many major road projects, as these have been largely implemented and completed.

On the contrary, we see the presence of many energy projects that take the baton as the most important projects to upgrade the country’s role in the geopolitical chessboard.

Which projects were included in the list – Which ones left
In today’s TOP-20 we have the entrance of several large projects with the top one being Line 4 of the Athens Metro. We also have entrance for the northern part of E65, the contract for the completion of Aktio-Amvrakia, the photovoltaic park in Kozani and the Komotini Power Generation Unit.

On the other hand, the projects that left the list, ie those that were completed, are the projects at the 14 Regional Airports and the Peloponnese-Crete Electric Interconnectio

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