Green light was lit for 8 strategic investments
Green light was lit  for 8 strategic investments
  Private Equity  |  Hotels  |  Greece

Green light was lit for 8 strategic investments

Construction of a marina, holiday homes and hotels are comprised in the new Project.
RE+D magazine
16.06.2020

"Green light" was lit for 8 strategic investments totaling € 1.1 billion, by the Interministerial Committee of Strategic Investments (DESE).

 

The three of them will take place in Ios.

These are the investment plans of the expatriate businessman Mr. Angelos Michalopoulos.

The other two tourist investments of the same businessman will be made in the wider area of ​​Papas Loukas Manousou Peti Hamoude on the South east side of the island with the development of 2 complex tourist accommodations and tourist residences.

In the place Pikri Nero on the South west side next to the famous beach of Mylopotas 250 acres will be built a 5 * boutique hotel and holiday homes.

Apart from the investments in Ios, three more tourism investments were characterized as strategic.

The "Arcadia Cultural Resort and Spa" investment plan, the "VARKO" project in Western Greece and two hotels construction -Raffles Mykonos & Fairmont Mykonos- holiday homes and a conference center by "WHITE MULBERRY DEVELOPMENT ΙΚΕ".