The building of a floating island like in Dubai is being discussed for Corfu, however the project is at an early stage.
The plan envisages the creation of a mooring marina for mega yachts, while the construction will be connected to the beach with a specially designed bridge. In particular, it is an investment of more than 270 million euros for the creation of a marina with a capacity of 105 berths for mega yachts (up to 80 meters) in southern Corfu.
With the dialogue already open, many thoughts are expressed for or against the idea.
There are fanatical supporters, but also fanatical opponents of such plans. The tourist development and the investments that will be made are the main arguments of the supporters of the idea to build the artificial island. This will obviously create new jobs. On the other hand, there is the argument that Corfu is both touristically developed and endowed with infinite natural beauty, therefore it may not need such ideas. It also underlines the opinion that Dubai naturally has nothing to show off, at least as much as Corfu, so it needs such exaggerations.
The mayor of southern Corfu, Costas Lessis, spoke to public broadcaster ERT3, stressing that “this is an area that has not been environmentally burdened by projects for the tourist development of the island. We as a municipality, when we were informed, became part of the proposal, which has been submitted to the Ministry of Development to be financed by the recovery fund, we set and are setting certain conditions. The first condition is that the local community must have a say, the institutions of our country must express their opinion in a documented way. I, as mayor, have put forward five main reasons that we must consider for this investment.
First of all, will there be an environmental burden with the construction of such a project that has economic objectives? And what will that be? Secondly, the traffic load, the infrastructure works, which have to be done to support such a project, who will bear them?
They say three port projects will be upgraded. Until today, these three ports belong to the Hellenic Republic Asset Development Fund, our first basic principle of the upgrade is that these ports must come under the responsibility of the municipality. What countervailing benefits will the municipality have with this investment?
A land zone will be purchased to be able to support the marine infrastructure that the company proposes to build. So they will get special building conditions. The area must be urbanized more widely so that the citizens also have compensatory benefits”, says Kostas Lessis.
Latest News
Greek Retailers Remain Optimistic About Easter Shoppers’ Turnout
While stores are expected to be open on Sunday, April 28, the majority of Easter shoppers will likely do their shopping during the Holy Week, following the deposit of Easter bonuses
Europeche: Greek Apricot Production Recovers
Europeche forecasts the production will bounce back despite a slight decrease in varieties attributed to high winter temperatures
Bank of Greece (BoG): Business-Household Deposits Up 1,675bln in March 2024
In March 2024, the monthly net flow of credit to the general government was negative by 469 million euros
FT: Greece’s Economic Rebound a Balance of Growth and Poverty
Eurostat data revealed a significant 10.8% drop in Greek public debt relative to GDP in 2023, alongside a 2% economic expansion, outpacing Germany's performance.
Lavrio Port Authority Next Up for Privatization
A deadline for the submission of expressions of interest is May 14, 2024
Eurostat: Greece Records Largest Drop in Natural Gas Prices in 2nd Half of 2023
The price of electricity and natural gas in Europe was down following a substantial surge that began before the Russian invasion of Ukraine and peaked in 2022
GEK TERNA Still Considers Leveraging Concessions Portfolio as Financial Tool
President and CEO of Gek Terna George Peristeris explained the company's plans on Tuesday on the sidelines of the inauguration of sections of Greece's E65 highway
NielsenIQ: 3% Supermarket Revenue Increase in Q1
Private label products are gaining traction, comprising 25.4% of shopping basket shares, up from 24.7%
Store Hours Change Today in Observation of Orthodox Easter
The President of the Athens Chamber of Commerce hopes the Easter period will provide a much-needed boost to retail traffic in the capital
Athens-area Mass Transit Systems Set to Finally Install Contact-less Fare Payment
Paying fares via bank cards, smartphones and smartwatches in all mass transit systems in the Greek capital, namely, buses, trolleys, the metro and tram lines, is scheduled by the end of the year