The Inter-Ministerial Committee for Strategic Investments has approved three strategic investments in the tourism sector, with a total budget of €1.22 billion.

According to the Ministry of Development, these three investments will receive incentives for expedited licensing and Special Spatial Development Plans for Strategic Investments through the General Secretariat for Private Investments. They involve the development of high-standard tourism with sustainability criteria in areas where they can create significant growth prospects for the local community.

The strategic investment by HYDRA ROCK REAL ESTATE SINGLE MEMBER S.A., with a budget of €474 million, includes the creation of an Iconic and Sustainable High-Standard Tourist Resort in the Ermionida region.

The strategic investment by GH HOTEL SINGLE MEMBER ANONYMOUS COMPANY, with a budget of €224 million, aims to develop a super-luxury eco-tourist resort and upscale vacation residences on Megaloniso of the island complex of Petalioi in Euboea.

The strategic investment by ASTAKOS TERMINAL ANONYMOUS COMPANY FOR INTERNATIONAL TRADE AND SERVICE PROVISION, with a budget of €524 million, concerns the transformation of the NE.VI.PE Port in Platygiális in the area of Astakos, Aetolia-Acarnania, into a Tourist Port for Mega Yachts, the development of commercial uses, and the provision of high-standard tourism and recreation services.