Skip to main content

EU to provide funding for Greek highway studies

The Greek highway sector looks set to receive muchneeded external funding from the EU for key project studies. Co-funding will be provided by the EU for studies into major infrastructure projects. A study investigating a section of the Ionian Highway between the multi-level junction of Egnatia and the town of Kakavia in Greece will receive almost €2 million in EU contribution. This will be provided under the 2010 TEN-T Annual Call. The co-funded study will set the stage for the construction of a four-lane h
May 10, 2012 Read time: 2 mins
The Greek highway sector looks set to receive much needed external funding from the EU for key project studies. Co-funding will be provided by the EU for studies into major infrastructure projects.

A study investigating a section of the Ionian Highway between the multi-level junction of Egnatia and the town of Kakavia in Greece will receive almost €2 million in EU contribution. This will be provided under the 2010 TEN-T Annual Call. The co-funded study will set the stage for the construction of a four-lane highway section to Kalpaki and for improvements for the two-lane road up to Kakavia. Once completed, the project will contribute to the completion of an important north-south infrastructure connection on Greece’s Western Axis. In addition, the new highway will improve connectivity for the Ionian Highway, the Egnatia Highway, Igoumenitsa harbour and north-eastern Greece to the developing areas of the northwestern Balkans and Albania. The plan aims to complete studies needed to tender the construction of the Ionian Highway (Western Axis) section, from the end of concession (multilevel junction of Egnatia with the Ionian Highway) to Kakavia. The national budget of Greece will provide €1,985,800 for the study while the EU contribution will be €1,985,800 and the total project cost is €3,971,600.

Related Content

  • EBRD financing for Albania and Kosovo
    December 16, 2020
    Financing from the EBRD will pay for works in Albania and Kosovo.
  • All roads lead to Dubrovnik: Corridors for Shared Prosperity
    December 13, 2018
    The European Union Road Federation is organising, in cooperation with the International Road Federation (IRF), the Croatian Roads Company (Hrvatske Ceste), the Croatian Road Association (Via Vita) and the University of Zagreb, the European Road Conference under the theme Corridors for Shared Prosperity in the iconic city of Dubrovnik, from 22 to 24 October 2018 Due to its privileged geographical position, Croatia represents a key crossroads in the connectivity of the South East Europe region, securing a
  • Greek highway deal for Terna?
    September 28, 2023
    Greek firm GEK Terna is preferred investor for a key highway deal.
  • ERF participates in 4th Congress on Roads in Bosnia and Herzegovina
    December 8, 2014
    On 18th and 19th September, the Association of Consulting Engineers Bosnia and Herzegovina (UKI BH), a member of the ERF, organised its 4th Congress on Roads, together with the Regional Cooperation Council. The UKI BH brings together stakeholders involved in consulting activities aimed at supporting the companies’ interests and improving the efficiency of the activities developed according to the international rules and regulations. The Regional Cooperation Council promotes the reciprocal cooperation, as