Ten major infrastructure projects have been signed so far since the beginning of 2023. Many of these projects are highly sought-after projects that have occupied the construction industry and local communities for years. The majority of them concern road projects in the regions of Crete, Central Greece and the Peloponnese. We can still distinguish projects in airports, energy projects, Metro and building construction. What are these ten projects?
No 10: Lamia-Itea-Antirrio axis: section Gravia – Metalia Voxiti
It is a project worth 13.5 million euros (including VAT) which was signed on March 22, 2023. The Contracting Authority is the Ministry of Infrastructure and Transport. The project is executed by INTERKAT. It has a completion period of 24 months and a planned delivery in March 2025. The project will be carried out in the Regional Unit of Fokida, in the Region of Central Greece and concerns the upgrading of the end of the Gravia bypass section – Metalia Voxiti interchange, from Km position. 9+300 until Km. position 13+600 of the approved relevant study, which is part of the road axis Lamia – Itea – Antirrio.
No. 9: Ionian Center (Ioniko Kentro)
It is a project worth 39.5 million euros (including VAT) which was signed on January 11, 2023. The Contracting Authority is the Urban Non-Profit Company “Ionian Center”. The project is carried out by TERNA. It has a completion period of 35 months and a scheduled delivery in December 2025. The subject of the project is the study-construction for the new Cultural Center as a Conference – Cultural Youth Center. The Conference-Cultural Center is developed in underground and above-ground spaces, with a total area of approximately 3,300 sq.m.
No. 8: Paros airport upgrade
It is a project worth 46 million euros (including VAT) which was signed on January 11, 2023. The Contracting Authority is the Ministry of Infrastructure and Transport. The project is executed by INTRAKAT with a discount rate of 10.54%. It has a completion period of 30 months and scheduled delivery in July 2025. The scope of the project is the construction of a new terminal, extension of the parking floor and a new control tower.
No. 7: Nemea-Mykines Highway
It is a project worth 47.1 million euros (including VAT) which was signed on April 21, 2023. The Contracting Authority is the Region of Peloponnese. The project is carried out by Hellenic Hydro Construction with a discount rate of 21%. It has a completion period of 24 months and scheduled delivery in April 2025. The scope of the project is the construction and improvement of the last 7.015 km connecting section of the new Provincial Road no. 19a, “Tirynthas (from Nafplio National Highway) – Antiquities of Heraion – Neo Heraion – Monastiraki – Mykines”, with the “Corinthos – Tripoli” highway at the junction of Ancient Nemea.
No. 6: Supply of 15 trains for the Thessaloniki Metro
It is a project worth 176 million euros (including VAT) which was signed on February 28, 2023. The Contracting Authority is Attiko Metro. The project executes the ACTOR-HITACHI scheme. It has a completion period of 30 months and scheduled delivery in August 2025.
The contract for the purchase of 15 trains in the Thessaloniki Metro has clear technical characteristics: The trains will consist of four vehicles each. The minimum number of passengers per train will be 450 and the minimum percentage of sitting passengers will be at least 20%. They should also be able to move on future terrestrial parts of the network. The planned extensions are to the western suburbs and to Macedonia Airport. The trains will be fully automatic (Grade-of-Automation 4 – GoA4), with an Emergency Driving Position (EDP: Emergency Driving Position) at both ends of the train and with the possibility of driving in two directions.
No. 5: Bypass of Chalkida and Psachna
It is a project worth 210 million euros (including VAT) which was signed in March 2023. It is the biggest infrastructure project of the last decades for Evia. The Contracting Authority is the Ministry of Infrastructure and Transport. The project is carried out by MYTILINEOS. It has a completion period of 48 months and scheduled delivery in March 2027.
The scope of the project is the complete design and construction of:
1) Of the section of highway section a4vs: N. Lampsakos – Vathrovouniou Tunnel. It is noted that from Km. Position. 4+960 until Km. Position. 5+400 the above standard highway cross-section is adjusted to a standard cross-section of two traffic lanes which is applied for the entire remaining road axis,
2) Of the road section of the closed type cross-section: Vathrovounio Tunnel – Psachna
3) Of the sections of option a) the section before Nea Lampsako, towards Chalkida / High Bridge, i.e. the section “U/J. Schimatariou – Nea Lampsakos”, approximately 4.0 km long, b) the section of the Psachna bypass and c) the section of the North-South Evia connection artery that connects the uneven junction Liani Ammos of the Chalkida bypass with the road network to southern Evia.
No 4: Lamia-Itea-Antirrio axis: Bralos-Amfissa section
It is a project worth 285 million euros (including VAT) which was signed on February 16, 2023. The Contracting Authority is the Ministry of Infrastructure and Transport. The project is carried out by AVAX. It has a completion period of 54 months and scheduled delivery in August 2027.
The subject of this contract is the study and construction of the improvement projects of the Lamia-Itea-Antirrio road axis and the tender for the Bralos-Amfissa section. This section is divided into sub-sections: -1st Sub-section: Bralos – Gravia Bypass Authority -2nd Sub-section: I.K. Bauxite Mines – Amfissa. The scope of the contract includes the construction of a number of level junctions, as well as a network of parallel and vertical secondary roads to connect with the rest of the existing road network and to serve secondary uses.
No. 3: Road Axis: Kalamata-Pylos-Methoni
This is the third largest budget project signed to date for 2023 amounting to 312 million euros (including VAT) which was signed on April 21, 2023. The Contracting Authority is the Ministry of Infrastructure and Transport. The project implements the AKTOR CONCESSIONS-INTRAKAT scheme. It is implemented using the PPP method and has a completion period of 30 years, of which the first 4 years are for the construction period.
The object of the partnership agreement is the execution of the project “Study, construction, financing, operation and maintenance of the road axis of Southwest Peloponnese, section Kalamata – Rizomylos – Pylos – Methoni, with PPP.”. The repayment of the final amount will be made with fixed availability payments from the Greek State.
No. 2: Serifos-Milos-Santorini-Folegandros Electric Interconnection
This is the second largest budget project signed to date for 2023 amounting to 328 million euros (including VAT) which was signed on February 16, 2023. The Contracting Authority is ADMIE (IPTO). The project is being carried out by contractors Hellenic Cables and Prysmian. It has a completion period of 20 months and completion in October 2024.
The scope of the project includes two 150kV submarine cable lines: SECTION A: Lavrio – Serifos – Milos, SECTION B: Milos – Folegandros-Thira.
Phase IV of the electrical interconnection of the Cyclades completes a complex and ambitious project aimed at the energy integration of the island complex into the continental system, with benefits both for the islands and for the national economy in general.
No. 1: VOAK: Hersonissos-Neapoli section
This is the largest budget project signed to date for 2023 amounting to 359 million euros (including VAT) which was signed on April 23, 2023. The Contracting Authority is the Ministry of Infrastructure and Transport. The project implements the scheme GEK TERNA-AKTOR CONCESSIONS-INTRAKAT. It is implemented using the PPP method and has a completion period of 30 years, of which the first 4 years are for the construction period.
The object of the partnership agreement is the execution of the project “Northern Road Axis of Crete – Study, construction, financing, operation and maintenance of the section “Hersonissos – Neapoli”, with PPP”. The payment of the final amount will be made with fixed availability payments from the Greek State.
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