Seven investment schemes have expressed interest for the PPP project of Courthouses' refurbishment
Seven investment schemes have expressed interest for the PPP project of Courthouses' refurbishment

Seven investment schemes have expressed interest for the PPP project of Courthouses' refurbishment

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RE+D magazine
19.11.2021

strong investment interest was expressed for the PPP project «Construction of the Courthouses of Edessa, Serres and Kiklis, redevelopment of Thessaloniki's Courthouse and the management and maintencance of those properties through PPP funding"

According to sources familiar with the matter there have been submitted seven proposals during the first phase of the tender conducted by the Ministry of Development and Investment. With the completion of the process for the Partnership Agreement, a private institution will undertake the study, financing, construction and technical management of the Courthouses of Edessa, Serres and Kilkis, as well as the reconstruction of the building of the Courthouse of Thessaloniki with a total budget of €120 million.

The main goal of the project, according to the relevant announcement is being comprised in:

1.       The refurbishment of the premises infrastructures to improve the courts services

2.       The gathering of the services

3.       The redevelopment of the courts so as to have the old properties being totally restored and avoid possible accidents due to the severe technical and operational issues in the buildings

It is been reminded that the project is part of a PPP project according to which there will be redeveloped 12 courthouses across the country, with a total budget of over €300 million, which was approved last March by the Interministerial PPP Committee.