A strategic tourism development project with a total investment of €60 million is planned for the Monolithi–Kanali area in Preveza. The project entails the creation of a high-end, mixed-use hospitality complex, including:
A five-star hotel with a capacity of 220 beds
A state-of-the-art conference center
Twelve (12) independent luxury villas of various sizes, each featuring private outdoor areas and swimming pools, accommodating a total of 84 beds
A Thalassotherapy, Wellness, and Rejuvenation Center
Seafront restaurants and retail outlets showcasing local products
A dedicated events and business center
Additionally, the southern section of the development site will feature:
Thirty (30) glamping units with a total capacity of 60 beds
Fifteen (15) bungalows, also providing 60 beds
The project’s total buildable area is approximately 20,000 square meters, with a building coefficient of 0.1.
The initiative to utilize the land dates back to 2021, when the Municipality of Preveza entered into a Memorandum of Understanding (MoU) with Enterprise Greece. Under this agreement, Enterprise Greece has undertaken the investment promotion and permitting maturation of the project, under the working title:
“Long Beach Preveza – 5-Star Hotel in Monolithi, Preveza.”
The aim is to include the project in the Interministerial Committee for Strategic Investments, securing its designation as a Strategic Investment.
Approval of Additional Strategic Investments Totalling €780 Million
During the third session of the Interministerial Committee for Strategic Investments in 2025, three major investment proposals were approved, with a combined value of €720 million:
Project iFESTOS – TITAN Cement
A major initiative by TITAN Cement involving the construction of a carbon capture facility at its plant in Kamari, Boeotia, with a budget of €583.79 million. The project also includes the establishment of a Large-Scale Business Park, integrating innovative and sustainable green technologies.
United Fiber – Nationwide Fiber Optic Network Deployment
A strategic digital infrastructure project with a total budget of €93.4 million, aiming to extend fiber optic broadband coverage to at least 1.6 million households across Greece by 2027. The project plays a vital role in the country's ongoing digital transformation.
Project HERMES – Intracom Telecom
A cutting-edge wireless network infrastructure initiative with a budget of €42.9 million, involving the development of a Fixed Wireless Access (FWA) system and innovative wireless transmission technologies. The project will be implemented in Paiania, Thessaloniki, and Patras, with a strong export-oriented focus.
Furthermore, the Committee approved two requests for amendments to the shareholder structure of previously approved Renewable Energy Projects in the Regions of Thessaly and Central Greece.
These projects complement the recent approval of the FRACASSO HELLAS investment in Larissa, valued at €41.2 million, which was designated a Flagship Investment of Exceptional Importance by decision of the Committee on May 6, 2025 (Official Gazette B’ 2211).
The session of the Interministerial Committee for Strategic Investments was attended by Mr. Takis Theodorikakos, Minister for Citizen Protection; Mr. Kostis Hatzidakis, Deputy Prime Minister; Mr. Nikos Papathanasis, Alternate Minister of National Economy and Finance; Mr. Stavros Papastavrou, Minister of Environment and Energy; Ms. Lina Mendoni, Minister of Culture; Mr. Thanos Petralias, Deputy Minister of National Economy and Finance; Ms. Stellina Siarapi, Secretary General for Private Investments; and Mr. Marinos Giannopoulos, Chief Executive Officer of Enterprise Greece.
