Growthfund’s Project Preparation Facility (PPF) has initiated two new restoration projects at Athens’ OAKA sports complex, valued at a combined EUR 3.9 million (US$4.5 million).
The contracts include the following projects:
- Velodrome repairs: waterproofing, inner roof maintenance and wooden track repairs valued at EUR 1.8 million (US$2.1 million), to be completed within 8 months from the date of signing.
- Swimming pool restoration: Structural reinforcement of the pools valued at EUR 1.98 million (US$2.3 million), with an estimated completion timeline of 10 months.
These projects were prepared and tendered by the Project Preparation Facility (PPF) of Growthfund, as part of a broader collaboration with the Ministry of Education, Religious Affairs and Sports, aiming for the full renovation of Greece’s premier Olympic sports complex. The total budget for the OAKA upgrade stands at EUR 111 million (US$129.8 million).
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