New hotel development projects of €630 mln get state nod
![New hotel development projects of €630 mln get state nod](https://www.ekathimerini.com/wp-content/uploads/2020/07/mykonos_cy_web.jpg)
The Ministerial Committee for Strategic Investments has approved investments totaling 630 million euros for the development of tourism infrastructures.
These new accommodation facilities include projects such as the €240 million investment in a hotel resort in Kyllini in the western Peloponnese, complete with a marina.
White Mulberry Development intends to invest €104 million to build two hotels on Mykonos island (pictured) named Raffles Mykonos and Fairmont Mykonos, supplemented by holiday homes and a conference center.
Ios island anticipates three new projects, totaling €178 million.