Greece Greenlights 1.2 Billion Euro Tourism Investments in Evia, Peloponnese, and Western Greece

The Greek government has approved three major tourism investments with a combined budget of over 1.2 billion euros, underscoring its commitment to advancing high-end tourism development.

The decision came after a meeting of the Interministerial Committee for Strategic Investments, led by Development Minister Takis Theodorikakos. The meeting also included Energy Minister Theodoros Skylakakis, Culture Minister Lina Mendoni, State Minister Makis Voridis, and Deputy Minister of National Economy and Finance Nikos Papathanasis according to gct

These projects have been fast-tracked under the government’s streamlined procedures, expediting their implementation.

The three major investments include large-scale tourism developments located in Petalioi islets near Evia, Ermionida in the Peloponnese, and Astakos in Western Greece according to gct

• Hydra Rock Real Estate Property S.A. will invest 474 million euros in a sustainable luxury tourist resort in Ermionida, Peloponnese.
• GH Hotel and Tourism S.A. will invest 224 million euros to build a luxury eco-resort and upscale holiday homes on Megalonisos, Petalioi, near Evia.
• Astakos Terminal International Trade & Services S.A. will invest 524 million euros to transform the Port of Platygialos in Astakos, Aitoloakarnania, into a world-class marina catering to mega yachts.

These investments are expected to enhance Greece’s tourism offerings, attract affluent visitors, and generate new job opportunities.

Source: pagenews.gr