Greece launches plan for three new PPP concessions

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The Interministerial PPP Committee of Greece has approved three public-private partnerships (PPP) concessions with total investment value of EUR300 million (US$321.95 million).

The three concessions are:

  1. Thessaloniki Metro Network, which involves the operation and maintenance of the Thessaloniki metro infrastructure network. The concession aims to improve public transportation by upgrading infrastructure and reducing congestion as well as pollution levels in the city. It will strengthen the local economy and improve residents and visitors' quality of life and safety.

  2. Ladopoulos Paper Mill, which involves the redevelopment of the former paper mill in Pireas to feature public buildings such as a museum, a music school, a nursery school, various tourist facilities, restaurants, exhibition space, etc. The new modern, sustainable and technologically advanced complex will integrate the historical past of the area, while also providing a connection to the beach.

  3. Court of First Instance and Athens Prosecutor’s Office, which involves the design, build, finance, operation and maintenance of the building complex housing for Court of First Instance and Prosecutor’s Office in Athens. It aims to create functional buildings, modernize and upgrade the quality of the services provided to the citizens, and speed up the procedures for an efficient operation of the judicial services.

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