Investment in Hellinikon: Last Joint Ministerial Decision was signed

3 October 2019
495 Views

The last pending step by the State for the big investment in Hellinikon was finalized. According to safe information from the Ministry of Development and Investment the fourth Joint Ministerial Decision, which concerns the construction of the property was signed.

This is essentially a decision that completes labels the project mature and follows the JMDs for the metropolitan park, casino and development zones.

It was preceded by the adoption of an Act of Legislative Content to overcome the obstacles that existed.

In essence, it is a government effort and personally by Development Minister Adonis Georgiades, who took over all government coordination, doing within three months what hadn’t been done in years.

Everyone is now waiting for tomorrow’s biddings for the casino license contest.

As it seems Mohegan and Hard Rock International will have to “fight” for the license they need to build and operate a resort that will make Athens the top entertainment destination in Southern Europe.

According to estimates we could see the final signatures within 1,5 months provided there are no objections from the two rival companies.

The resort is also the key for the project to move forward. Lamda Development has already begun the process of finding the necessary resources with the on-going share capital increase.

You may be interested

Turkish coastguard harassed Cypriot fishing boat (photos)
GREECE
shares16 views
GREECE
shares16 views

Turkish coastguard harassed Cypriot fishing boat (photos)

Panos - Jun 24, 2021

New provocation from Turkey. Turkish coastguards harassed the fishing boat “Maria – Bouboulina”, while sailing in international territorial waters. The…

Jerusalem Post: Pfizer COVID-19 vaccine linked to rare blood disease – Israeli study
HEALTH
shares39 views
HEALTH
shares39 views

Jerusalem Post: Pfizer COVID-19 vaccine linked to rare blood disease – Israeli study

Panos - Jun 24, 2021

The Pfizer coronavirus vaccine has been linked to an increased chance of developing thrombotic thrombocytopenic purpura (TTP), a rare blood disorder, Israeli…

Hellenic Army: Impressive images from exercise (33 photos)
DEFENCE
shares9 views
DEFENCE
shares9 views

Hellenic Army: Impressive images from exercise (33 photos)

Panos - Jun 24, 2021

The Hellenic Army Tactical Exercise of motorized infantry battalion was completed at Axios river, with the participation of units-independent subdivisions…

Leave a Comment

Your email address will not be published.