Mit­so­takis hails launch of ‘em­blem­atic’ project at Elliniko

Kathimerini English - - Front Page -

Prime Min­is­ter Kyr­i­akos Mit­so­takis (l) and Lamda De­vel­op­ment CEO Odis­seas Athana­siou yes­ter­day at­tended a cer­e­mony to mark the be­gin­ning of con­struc­tion work on a ma­jor in­vest­ment project at Elliniko, the former site of the Athens air­port on the cap­i­tal’s south­ern coast, nine years af­ter the country launched its first ten­der for the sale and long-term lease of the vast plot. Lamda De­vel­op­ment plans to turn the site into a com­plex of luxury res­i­dences, ho­tels, a yacht­ing ma­rina and casino at a to­tal cost of about 8 bil­lion eu­ros. Mit­so­takis hailed the launch of ‘the country’s most em­blem­atic in­vest­ment’ project de­spite the dif­fi­cult eco­nomic cli­mate.

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