Submissions are now open for the "New Industrial Parks" program
Submissions are now open for the "New Industrial Parks" program

Submissions are now open for the "New Industrial Parks" program

The project refers to the provision of financial aid from the Recovery and Resilience Fund.
RE+D magazine
05.12.2022

The submission period for proposals to the so called "New Industrial Parks" program that will receive state aid funds opens on Tuesday, December 6, while the deadline for submitting proposals shall be January 31, 2023.

A relevant note was comprised in the ministerial decision "2nd Amendment of the Call for proposals to beneficiaries for the state aid program "New Industrial Parks" and in the implementation guide, included in the National Recovery and Resilience Plan "Greece 2.0".

The "New Industrial Parks" project concerns the provision of financial assistance - support from the Recovery and Resilience Fund for:

- The establishment of new industrial park facilities of a new type.

- The expansion of the existing industrial parks in order for them to meet the needs required by the adaptation to the strategy of the modern industry Industry 4.0.

- The transformation of informal industrial concentrations into technologically smart, environmentally sustainable and innovative industrial parks.

The program is expected to also support the implementation of the Industry 4.0 transformation initiative in Greece and the improvement of the competitiveness of Greek industry. In addition, the program is expected to have a positive effect on the achievement of the European Union's climate and environment objectives and the strengthening of the circular economy.

The "New Industrial Parks" program focuses on financing investments for the following intervention areas:

- The infrastructure for the establishment of a new type of "smart" industrial areas (including the cost of land acquisition based on the restrictions that will be specified in the announcement of the program).

- The infrastructure for the use of Renewable Energy Sources.

- The infrastructures for proper and sustainable management of water resources.

- The infrastructures for proper and sustainable waste management, especially liquid waste.

- The infrastructure for the promotion of electric mobility.

Eligible for participation in the program, following their application and subsequent relevant evaluation, are management and development agencies of industrial areas (as defined in the relevant legislative regulatory framework). The total public expenditure of the program is 100 million euros, which will be paid by the Recovery and Resilience Facility (RRF) in the form of a grant, while an equal participation is expected to be paid by the private sector. The implementation of the program is expected to be completed at the end of 2025.