New generation of PPP infrastructure projects under preparation

The Ministry of Infrastructure and Transport examines the possibility of implementing new infrastructure projects as PPPs. Just a few days ago, the Minister of Infrastructure and Transport, Mr. Kostas Karamanlis announced the utilization of PPP projects as one of the desired solutions by the Ministry.

According to ypodomes.com, a few days ago, the Secretary General of Infrastructure, Mr. George Karagiannis and the Secretary General of Private Investments and PPPs, Mr. Nikos Mantzoufas had their first meeting. According to the same information, PPPs’ dossiers, concerning projects that are in progress, have already been examined.

More specifically, there was a discussion on the big road-related project Kalamata-Pylos-Methoni, the school building projects in Crete and Central Macedonia, the courts in Edessa and Heraklion, etc. A first mention was made for the PPP project promoted by the Ministry or the upgrading of Thessaloniki Ring Road.

According to the same sources, new meetings will be arranged in the near future aiming to mature the projects to be promoted as well as others that the Ministry of Infrastructure and Transport intends to implement. The aim here is to create a list of projects that can run through the PPP method and begin the procedures for their realization.

Meetings with the European Investment Bank

Mobility at the Ministry was quite intense last week as an important meeting was held between Infrastructure and Tranport Minister, Mr. Kostas Karamanlis and the European Commissioner for Competition, Mrs. Margrethe Westerger, on major projects.

Equally important was, however, the workshop with EIB regarding the financing of large-scale and NSRF projects and their scheduling. A number of important projects are also co-funded by EIB such as Kasteli Airport, Athens Metro Line 4 and more. EIB’s funding list now includes 10 major flood defense projects, after the contract signed a few weeks ago at the Greek Ministry of Finance.