🌍♻️ Another significant step forward for sustainable waste management in Greece!
The Interministerial Committee on Public-Private Partnerships has approved a new PPP project with a total budget of €157.2 million for the construction of three Integrated Waste Recycling and Recovery Units in Syros, Paros, and Mykonos, as well as a Waste Transfer Station in Tinos.
The project addresses the pressing challenges of solid waste management in the islands. The objectives are clear:
✔️ Reduce landfill disposal
✔️ Minimize environmental impacts through biowaste processing
✔️ Produce reusable materials and energy
✔️ Enhance sustainable resource use and create economic benefits
🤝 The European Bank for Reconstruction and Development (EBRD), through its Greek Project Preparation Facility (GPPF), provided valuable technical assistance for the prefeasibility study – a key contribution that supported the project’s design and preparation.
With this approval, Greece now counts 12 waste management PPP projects, of which 5 are already operational. PPP has established itself as the prevailing tool for implementing modern waste management infrastructure in the country, supported by a blended financial structure that combines public and private resources to maximize efficiency, attract investment, and deliver long-term value.
In total, these projects represent over €1 billion in investments, reshaping Greece’s environmental and social landscape while paving the way for sustainable growth.
🚀 A strategic move for the South Aegean, setting a strong example for sustainable regional development.
#Sustainability #WasteManagement #PPP #CircularEconomy #SouthAegean #GreenTransition #EBRD #InfrastructureFinance
#publicprivatepartnerships