The total budget for the studies is €180,000, covered by the Philodimos II program, while the contract amount, after the achieved discount, stands at €127,800, including VAT.
The total completion deadline for the studies is 12 months.
The study execution will be completed in stages as follows (listed as net durations):
a. Fieldwork, to be completed within two (2) months from the contract signing.
b. Preliminary Design of Port Works, supporting studies, and related designs, to be completed within two (2) months from the approval of fieldwork.
c. Environmental Impact Study and Special Ecological Assessment, to be completed within four (4) months from the approval of fieldwork.
d. Final Port Study for the project, to be completed within three (3) months from the approval of the Preliminary Port and supporting studies.
e. Preparation of the Environmental Impact Assessment (EIA), Special Environmental Assessment (SEA), and Tender Documents, to be completed within fifteen (15) days from the approval of the Final Study.
The Mayor of Kythira, Mr. Eustratios Charhalakis, commenting on the commencement of the studies, stated the following:
"Another major development project is now underway on our island. A tourism development project that the local community has been awaiting for decades. A great opportunity was missed for this project when, in 2005, the funding for the marina at Kapsali, amounting to €2.5 million, was approved with a Ministerial Decision published in the Government Gazette, but ultimately the project was never realized, rendering the entire process void. Together with the President of the Port Fund, we successfully pursued funding for the completion of significant port studies, one of which is the Marina at Kapsali. Upon their completion, we will have a ready-to-submit file, so that after obtaining the necessary permits, we can pursue another major funding opportunity for our region."
