Public-private partnership projects to revive big infrastructure construction

New public-private partnership infrastructure projects budgeted at a total 500 million euros are expected to revive the Greek construction sector after almost three years of diminished activity, especially as far as large-scale projects are concerned. The two most important projects are in northern Greece: The upgrade of Thessaloniki’s eastern inner ring road alone will cost €370 million. The financial adviser of the project will be chosen soon, paving the way for the publication of a competitive tender. However, actual work on the project, also known as “The Flyover” is not expected to begin until early 2022.