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A new PPP project with an investment cost of 82 million euros was approved by the Ministry of Foreign Affairs

A new PPP project with a total investment cost of 82 million euros was approved today by the Interministerial PPP Committee, chaired by the Deputy Minister of Development & Investments, Mr. Nikos Papathanasis.

It is about the project “Chochlakion Reservoir of Lasithi Prefecture and accompanying works – St. John Ierapetra Dam of Lasithi Prefecture and basic irrigation water utilization projects”.

The partnership concerns the study, financing, construction, operation and maintenance of the irrigation infrastructure in the Prefecture of Lassithi in Crete with the aim of meeting irrigation needs and the development of agriculture and tourism in the area of ​​the Prefecture of Lassithi.

The project includes the construction and operation of an earthen reservoir in the Chochlakia area of ​​the Municipality of Sitia (with water supply and transport projects to the irrigated lands and road construction projects) and the construction and operation of the Agios Ioannis-Ierapetra dam and basic irrigation water utilization projects (supply and water distribution and irrigation network projects).

The regions of Lasithi Prefecture are vulnerable to underground agrochemical contamination due to the excessive use of underground water resources. The water needs of the Chochlakia region are currently covered by a network of springs, wells and boreholes, while in Agios Ioannis irrigation is provided by the existing inadequate irrigation networks. With this project, the needs of the existing irrigation networks are met, while at the same time the efficiency of the crops increases, thus enhancing the agricultural income.

The Minister of Development & Investments, Mr. Adonis Georgiadis, emphasized in his statement: “With the new PPP project that we approved today for Crete, we are proceeding with another important project with a significant developmental, environmental and social footprint. It is a project of critical importance infrastructure that concerns the two most important development pillars of Crete, the agri-food sector and tourism, activities of high added value overall for the Greek economy. with high quality construction”.

The President of DESPIT, Deputy Minister of Development & Investments Mr. Nikos Papathanasis, said in this regard: “PPP projects provide high-quality projects and services to citizens and contribute catalytically to the development of entrepreneurship in all regions of the country. Regarding the specific project , the primary production sector is strengthened and the saving of water that is currently used for irrigation is ensured. Sustainable development and the rational management of natural resources are promoted”.

The Minister of Finance, Mr. Christos Staikouras, the Minister of Development & Investments, Mr. Adonis Georgiadis, the Minister of Environment & Energy, Mr. Kostas Skrekas, the Minister of Infrastructure & Transport, Mr. Kostas Karamanlis, the Minister of State responsible for the Coordination of the Government Project, Mr. Akis Skertsos, the Minister of Rural Development and Food, Mr. Giorgos Georgantas and the Deputy Minister of Finance, Mr. Thodoros Skylakakis.

Also present at the teleconference were the General Secretary of Private Investments and PPPs, Mr. Orestis Kavalakis and the General Secretary of Union Resources and Infrastructure, Mr. Dimitris Papagiannidis.

Source: Capital

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