ERGOSE is in the final stretch for the auction of the largest package of railway projects, amounting to 3.3 billion euros, with the model of the Competitive Dialogue. The invitation documents have been prepared for all six projects and the final interventions remain. At the same time, the tender documents for the technical and legal consultant of ERGOSE are completed, as well as for the six technical consultants project managers for the individual projects.
In the past two years, as presented by the president and CEO of the company, Mr. Christos Vinis, in the context of AthensInvestmentForum2021, seven projects have been auctioned by ERGOSE, totaling 515.3 million euros, which contribute to the completion of construction and the modernization of the country’s main railway axis. The two largest of these projects are located in the Peloponnese and concern the subsidy and electrification of the Rio – Rododafni section, with a budget of 175 million euros, and electrification of the Kiato – Rododafni section, amounting to 84 million euros.
This package also includes the second phase of development of the Athens Central Railway Station, with a budget of 42.1 million euros, the installation of an electric drive and signaling system in Larissa – Volos, a budget of 82.5 million euros, and the installation of a signaling system on the line Thessaloniki – Eidomeni, amounting to 56.7 million euros. The projects that complete this set of tenders concern the construction of the railway station in Neos Panteleimon, Pieria, with a budget of 1.8 million euros, and the electrification of Paleofarsalos – Kalampaka, amounting to 72.8 million euros.
According to the head of ERGOSE, from the autumn of 2019 until today, the absorption of Community funds for the implementation of railway projects has increased and the growth rate has returned to a positive sign after about 5 years.
In order to carry out the demanding undertaking of the competitive dialogue, ERGOSE shaped its organizational structure, in accordance with the World Bank guidelines, while pursuing the effort to unblock “eternal” projects blocked in administrative, financial and judicial entanglements.
Latest News
Greece Reacts Sternly to Turkish Decision to Open UNESCO Site Chora Church as a Muslim Mosque
"The decision of the Turkish authorities to start the operation of the Monastery of Chora as a Muslim Mosque constitutes a provocation to the international community", the Greek Foreign Ministry stated
DW: Greece Prepares for the 2024 Tourist Season Amid Climate Change Challenges
The Greek state has adopted measures to alleviate the impact of climate change
Greco-French Relations on Ice: Exploring the Chill between Mitsotakis and Macron
Macron allegedly sought increased military support for Ukraine, including weaponry and Western troop deployment for training in Western Ukraine, a request declined by Mitsotakis
Greece Secures Stable Tourism Flows at 30 Million Arrivals
However, despite this year’s bookings projected to rise slightly compared to last year, Yiannis Hatzis, President of the Panhellenic Federation of Hoteliers, stresses the importance of strategic planning
The 12 Tourist Traps to Avoid in the Greek Islands
Visit less popular islands for cheaper prices and fewer crowds
German Min. Lemke: «Climate crisis poses immediate threat to our health; well-being»
Europe recorded more days of “extreme heat stress” (with the ‘feels like’ temperature exceeding 46 degrees Celsius) than ever before
OECD: Major Spike in FDIs in Greece over 2021-23 Period
The international organization calculates an average of 6.7 billion USD in Greece over the 2021-2023 period, up from 4.15 billion USD in 2017-2019
How TikTok Lost the War in Washington
Combination of coordinated efforts by its critics and missteps by the company led to the law forcing a sale or ban of the popular app
Greece in the Top European Destinations for Aussies in 2024
This year 16% of surveyed Australians are planning a trip to Greece
Developing the Blue Carbon Economy in Greece
Can Greece make money by protecting its marine environment?