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Newsletter Ιούλιος 2012

REGIONAL GREECE

New Highway Construction, Advances in Waste Management

Waste Management and infrastructure development are key sectors related to Regional Greece, where vast opportunities exist to transform the country’s infrastructure into state-of-the-art facilities.

The rapid development of the waste management sector in Greece be seen in the Prefecture of Serres. And a new highway project in the Peloponnese region will reduce travel times to and from Athens considerably.

Advances in Waste Management
The project is part of the larger scheme of radically overhauling Greece’s waste management framework and will contribute significantly to a more sustainable environment, reduced environmental degradation, and upgraded employment positions.

In Serres, in northern Greece, two companies EPTA SA and Planet SA have joined forces in providing consulting services for a local PPP project: Waste Treatment Plant of the Prefecture of Serres.

The two companies are providing the Solid Waste Management Corporation of Serres with services on the PPP project that involves the design, financing, construction, maintenance, and operation of the waste treatment plant. The project is part of the strategic plan of the Region of Central Macedonia and the treatment plant, to be co-financed with public funding,  will have a capacity of 90,000 tonnes.

The consulting services already provided to the Contracting Authority comprise the following deliverables:
• Comparative Techno-economical Evaluation of Alternative Technological Scenarios
• Submission of project Proposal to the PPP Unit (EGSDIT) in order that the project be implemented as PPP under the provision of Law 3389/2005
• Application for Inclusion of the project under the provision of Law 3389/2005 to the IM PPP Committee (DESDIT) and approval of the financing and inclusion in the Programme of Public Investments on the 06.03.2012
• Submission of Tender Documents for the Tender Phase A (Pre-selection phase and Competitive Dialogue)

The consulting services that are to be delivered in sequence involve advisory services during the period of the Pre-selection phase and the Competitive Dialogue with the candidates, as well as consulting services for the preparation of the technical specifications for the construction and operation of the PPP project according to the requirements of the tender procedures of the Law 3389/2005.

New Highway Project
The European Commission approved an investment of 252 million Euros from the structural funds to build a major highway running through the Peloponnese region in Greece. This project is the second big motorway construction to be approved in one month and involves a total cost of 296 million Euros, including national and private investment.

It will create 6,000 new jobs during the construction phase. It is one of the 181 priority projects presented by the European Commission in November 2011 to accelerate the return of growth in Greece, by investing structural funds, 20.4 billion Euros of which are available for the country from 2007 until 2013.

Commenting on the decision, Commissioner for Regional Policy Johannes Hahn said “This new motorway concession in Greece is a good example of how structural funds can stimulate public-private investment and make it happen. It will connect the Peloponnese region to the rest of Greece and the EU, providing new opportunities for growth. It shows as well that our priority projects are really gathering speed.”

The project consists of the finalisation of the Corinth-Tripoli-Kalamata (159 km) and the Lefktro-Sparti (46 km) stretches. The axis belongs to the Trans-European Transport Network (TEN-T). This project is the result of a public-private partnership and will be managed by Moreas A.E. The entire project includes the construction of seven tunnels and should be finished by the end of 2013. Parts of the motorway will already be finished this year.

The new motorway will reduce the travelling time between Corinth–Tripoli - Kalamata from 2 hours and 30 minutes to 1 hour and 52 minutes, and from Tripoli to Sparti the travelling time is expected to fall from 1 hour to 45 minutes, opening up the region for further investments as well.

The EU side of the investment is supported by the European Regional Development Fund (ERDF) and forms part of a programme called “reinforcing accessibility” to improve transport infrastructure in Greece by 2013.

Background
This is one of the so-called "major projects", of which the total public funding is above €50 million and thus subject to a specific decision by the European Commission, whereas other types of projects are approved at national or regional levels.

In November 2011, a list of 181 co-funded priority projects of high investment value was identified, together with the Greek authorities. The list accounts for 56% of the available cohesion policy investment in Greece for the period 2007-2013. 13 major projects have been adopted by the Commission.