01 Apr 2026
Kalamaria Marina project enters phase II with five pre-selected consortia
- RE+D Magazine
The Hellenic Corporation of Assets and Participations (HCAP) announced the five investment consortia that submitted expressions of interest in the international tender for the concession of the right to use, operate, manage, and exploit Kalamaria Marina.
According to the announcement, the following companies and groups have expressed interest:
- TEKAL S.A.
- Technical Olympic S.A.
- AVAX Group
- Lamda Marinas
- R.E.D.S. S.A.
The concession is set to last at least 35 years, with the possibility of an extension of up to an additional 10 years, a feature that enhances the project’s investment attractiveness. Following the evaluation of the expressions of interest, the consortia that meet the pre-selection criteria will be invited to participate in the second phase of the tender, during which they will submit binding financial offers.
Approved Master Plan with Sustainable Development Terms
A Strategic Development Plan (Master Plan) has already been prepared for the marina, which provides for moderate building conditions and has been approved by Presidential Decree, following the endorsement of the Council of State in 2023.
According to the approved plan, the marina will host uses related to tourism, recreation, onshore storage, and vessel maintenance, with particular emphasis on the creation of open, publicly accessible areas. The plan includes the development of outdoor spaces, walking and fitness pathways, as well as green areas accessible to the public.
Additionally, the marina’s capacity is set to increase to 327 berths for recreational vessels up to 40 meters in length, reinforcing its role as a key marine tourism hub in Northern Greece. The site allocation for the marina was finalized in October 2025 through a joint ministerial decision by the Ministries of Environment and Energy and Tourism, which also approved the project’s environmental terms.
Strong Investment Interest
The participation of major construction, real estate, and marina operators reflects the strong investment interest in the project, which is considered strategically significant for the broader Thessaloniki area and the development of its tourism sector. Kalamaria Marina is expected to evolve into a modern hub for marine tourism and recreation, delivering significant benefits both to the local economy and in attracting new investments.