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ARTICLE · 26 NOVEMBER 2009

Public Private Partnerships In Greece - An Overview

Greece has experienced a rapid development of its Public Private Partnership (PPP) market since it adopted a PPP law in 2005.

GreeceGovernment, Public Sector
Michael Schaefer
Michael Schaefer
Thomas Voland
Thomas Voland

Key points

Greece has experienced a rapid development of its Public Private Partnership (PPP) market since it adopted a PPP law in 2005. This development has also been promoted by the establishment of a centralised process headed by the Special Secretariat for PPPs at the Ministry of Economy and Finance and the interministerial PPP committee.

Benefiting from a PPP-friendly environment, since 2006 more than 50 PPP projects have been approved under the 2005 PPP law, with a total budget of more than €4bn. These projects are in industries including the housing sector, education, health, justice, public transport and roads all over Greece.

Examples of finalised and ongoing major PPP projects in Greece include the Athens International Airport; the Attiki Odos, Elefsina Corinth- Patras and Maliakos-Kleidi motorways; the installation and operation of security systems in 12 Greek ports; and the implementation of an integrated automatic fare collection system.

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