Report: Helleniko project worth 7.2 bln€ in overall investment alone

16 September 2016
144 Views

The Athens-based Foundation for Economic and Industrial Reseaerch (IOBE) on Friday released a report on the economic impact of the massive Helleniko (Hellenikon) property development project in coastal SE Athens, calculating the overall investment plan over a 25-year period – excluding the upfront payment installments to the state – at 7.2 billion euros.

The report coincides with the submission of a concession contract in Parliament for ratification, and in the wake of this week’s press reports claiming that at least one government ministry, the culture ministry, attempted to insert more bureaucratic hurdles to the memorandum-mandated privatization.

You may be interested

FYROM Foreign Minister: We were and will remain Macedonians
GREECE
shares67 views
GREECE
shares67 views

FYROM Foreign Minister: We were and will remain Macedonians

makis - Jan 19, 2018

Foreign Affairs Minister of FYROM Nikola Dimitrov clarified that his country’s interests in the negotiations with Greece over the name…

EuroWorking Group gives “go-ahead” for completion of 3rd review
FINANCE
shares77 views
FINANCE
shares77 views

EuroWorking Group gives “go-ahead” for completion of 3rd review

makis - Jan 19, 2018

The EuroWorking Group (EWG) is expected to issue a positive report for the completion of the third review of the…

Tsipras: Solution not only for name dispute, but also to irredentist rhetoric by FYROM
POLITICS
shares85 views
POLITICS
shares85 views

Tsipras: Solution not only for name dispute, but also to irredentist rhetoric by FYROM

makis - Jan 19, 2018

Greek PM Alexis Tsipras said his government was determined to reach a mutually acceptable solution on the name dispute with…

Leave a Comment

Your email address will not be published.