Work on key Greek highway projects will restart

Construction work is set to recommence on four highway projects in Greece. The construction work ground to a halt when the country’s economic woes began to bite hard. However the work now looks set to restart in spring 2013 following negotiations between the four consortia involved and the Greek Government. However, construction of highway sections from Trikala to the Egnatia Highway and from Lamia to Xiniada in central Greece and from Patra to Tsakona in the Peloponnese has been postponed. The decision for
December 17, 2012 Read time: 1 min
Greek highway projects have been hit hard by the country’s economic crisis
Construction work is set to recommence on four highway projects in Greece. The construction work ground to a halt when the country’s economic woes began to bite hard. However the work now looks set to restart in spring 2013 following negotiations between the four consortia involved and the Greek Government. However, construction of highway sections from Trikala to the Egnatia Highway and from Lamia to Xiniada in central Greece and from Patra to Tsakona in the Peloponnese has been postponed. The decision for these sections will be taken in the next three years. The Greek Government is assisting the contractors by negotiating with banks for funding for the stalled projects, although the loan will be between the contractors and lenders.

Related Content

  • Construction to start on Hungary’s revamped M4 project in 2016
    July 7, 2015
    The Hungarian government has announced that it will restart work on a new section of the M4 dual carriageway between Albertirsa and Ullo in 2016. Hungarian media reported that the government will invest around €192 million and no funding will come from the European Union, of which the country is a member. The two towns are around 25.5km apart, with Albertirsa closest to the capital Budapest at around 60km. The project should be finished some time in 2019, according to Hungarian media. The announcem
    Read More
  • ERF and Greek associations team up for road safety event in Athens
    March 12, 2015
    The ERF has teamed up with the Greek road safety associations to organise the Technical Conference on Road Infrastructure Safety Equipment in Athens this month. The financial crisis took its toll on Greek infrastructure development and by 2011 the government had frozen key motorway projects aimed at completing the Greek Trans-European Road Network. But following lengthy negotiations between Greek authorities, financial institutions and the European Commission, a deal was struck in 2014 to re-launch these im
    Read More
  • ERF and Greek associations team up for road safety event in Athens
    March 12, 2015
    The ERF has teamed up with the Greek road safety associations to organise the Technical Conference on Road Infrastructure Safety Equipment in Athens this month. The financial crisis took its toll on Greek infrastructure development and by 2011 the government had frozen key motorway projects aimed at completing the Greek Trans-European Road Network. But following lengthy negotiations between Greek authorities, financial institutions and the European Commission, a deal was struck in 2014 to re-launch these im
    Read More
  • ERF and Greek associations team up for road safety event in Athens
    March 13, 2015
    The ERF has teamed up with the Greek road safety associations to organise the Technical Conference on Road Infrastructure Safety Equipment in Athens this month. The financial crisis took its toll on Greek infrastructure development and by 2011 the government had frozen key motorway projects aimed at completing the Greek Trans-European Road Network. But following lengthy negotiations between Greek authorities, financial institutions and the European Commission, a deal was struck in 2014 to re-launch these im
    Read More

Highlighted Content