ECONOMY

PM presents North Aegean 2030 development blueprint

PM presents North Aegean 2030 development blueprint

The North Aegean development program to 2030 was revealed by Prime Minister Kyriakos Mitsotakis on the island of Lesvos on Friday morning.

Over 340 projects and interventions budgeted at 1.9 billion euros are included in the project that Mitsotakis said will target the upgrading of road, port and airport infrastructure on the north Aegean islands, the largest of which include Chios, Limnos, Lesvos and Samos.

Migration and security are a priority too, the PM said, which will include €200 million for migration centers. Residents will also be compensated for natural catastrophes, said Mitsotakis, while more teachers will be hired and hospitals upgraded and expanded in Mytilene on Lesvos, Chios and Samos.

Other projects include construction of the Tsiknias Dam on Lesvos and the Koris Gefyri Dam on Chios, electricity projects to upgrade energy infrastructure, waste management projects, and funding of six research institutions.

Private investments will also be facilitated through the new development law, with €14.8 million foreseen for agrifood-related investments and €36.03 million for support of tourism investments.

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