A total of 126 investment plans in northern Greece were incorporated in the development law following their approval yesterday by the Macedonia and Thrace Ministry. Macedonia and Thrace Minister Giorgos Orfanos said that the proposals confirm the reversal of the negative climate in the economy and show a revival of business interest.

A total budget of 913.47 million euros has been benchmarked for the plans that have been split into two cycles for 2014. The first one involves 358.37 million euros and is expected to generate 550 new jobs.

The project proposals are in the following sectors:

* 110 for manufacturing
* 8 for tourism
* 6 for services
* 4 for the primary sector

The reviews of the business proposals were completed within three months, highlighting the ministry’s leading role in northern Greece’s development prospects.