YPAN: The Ranking Tables of a total of 160 investment projects that are subject to the Development

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Provisional Ranking Tables a total of 160 investment projects subject to Development Law 4399/2016 The Ministry of Development announced today, following the Decisions No. 56673 / 20-05-2021 (Β ‘2143) and 56672 / 20-05-2021 (Β΄2142) of the Deputy Minister of Development and Investment Mr. Nikos Papathanasis, we announce them

These investment plans are subject to “General Entrepreneurship” and “Small Very Small Enterprises” schemes, according to the amounts of aid allocated to the Directorate-General for Private Investment for the year 2021.

It is noted that the completion of the evaluation process and the posting of the provisional tables took only 3 months compared to 24 months that was valid until recently, which is due to the interventions that we are constantly promoting to speed up the procedures.

The total amount of the grant, the leasing subsidy and the subsidy of the cost of the employment created exceeds EUR 302 million and the aid in the form of a tax exemption exceeds EUR 67 million.

Specifically:
The 7th cycle of the “General Entrepreneurship” scheme includes 41 investment projects.

The total amount of the grant, the leasing subsidy and the subsidy of the cost of the created employment amounts to the amount of € 51,318,241.02 and the total amount of the aid in the form of the tax exemption amounts to € 67,100,590.91 .

The 5th cycle of the “Small Very Small Enterprises” scheme includes 119 investment projects.

The total amount of the grant, the leasing subsidy and the subsidy of the cost of the created employment amounts to the amount of 251,210,348.64 € and no aid is required in the form of tax exemption.

“It is a great success for the Ministry of Development and Investment but the main, great success for the progress of the Greek economy that in the last cycle of preparation of the temporary tables of the Development Law we managed to shorten the waiting time from 24 to 3 months,” he said. Minister of Development and Investment Mr. Adonis Georgiadis.

“With the speed we want to give to the investments, we will contribute decisively to the development of the Greek economy, to the creation of new jobs and to the help of the state to the companies to complete their vision”, he added.

For his part, Deputy Minister of Development and Investment Mr. Nikos Papathanasis said: “With reforms we are increasingly reducing the time for investment plans to be included in the Development Law. With the new bill to improve the investment environment that accelerates the processes throughout the “Territory and the new Development Law” Greece – Strong Development “, we aim to evaluate all investments to be included within 70 days. We continue the fight to reduce bureaucracy, while strengthening entrepreneurship and increasing employment.”

You can find the rankings posted on the website www.ependyseis.gr. In the next period, the process of examining the objections and the issuance of the final tables for the two aid schemes will follow.

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Source From: Capital

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