Deputy Development Minister Notis Mitarachi said that investments of 130 million euros are expected to be carried out through Public Private Partnerships (PPP) signed in the first half of 2014, while Greek banks have started financing these projects again.

“Public Private Partnerships are a key tool for development, on which we emphasize,” Mitarachi noted, adding that Greece has started carrying out and financing long-term investments, with the participation of the European Investment Bank, and the Greek banking system as well as private investors. He also stressed that it is particularly encouraging that Greek banks have started financing PPP projects again.

Fourteen new projects with a total budget of 1.8 billion euros have been included in this programme.

“Based on the current procedures, many of these projects have already entered the stage of implementation and render the PPPs a key field of implementation of new development projects with added value for citizens, the state and entrepreneurship,” he concluded.