The state is injecting new money so that investment plans rooted in the Development Laws of 2004 and 2011 can be “closed” by 2028.
In total, the Greek State, as follows from relevant decisions of the Minister of Development, is committing 58 million euros for the completion of investments that are still underway, transferring their funding to the new National Development Program 2026-2030.
With two decisions by the Ministry of Development, which were issued on 21 September, 35 million euros are secured for investments under Law 3299/2004 and another 23 million euros for plans under Law 3908/2011. This is essentially a funding “bridge” to the new programming period, as the funds are intended for additional expenses required for the completion of investment plans that had already been included in the NDP 2021-2025 and remain underway.
The larger of the two interventions, amounting to 35 million euros, concerns investments under Law 3299/2004. The aim of the measure is to support 44 businesses, while its completion is set for 31 December 2028.
The scope of the investments is broad. It includes, among other things, extraction and processing of industrial minerals, standardization, packaging and preservation of agricultural, livestock and fishery products, greenhouse businesses and organic farming, electricity generation and other mild forms of energy, tourism, tertiary sector activities, environmental protection and the utilization of renewable energy sources.
At the same time, the ministry is activating a second package of 23 million euros for the continuation of investment plans under Law 3908/2011. This measure too is transferred to the Development Sectoral Development Program 2026-2030 and is financed exclusively with national resources.
The aim is to support 42 businesses. The investments may concern building and production facilities, machinery and equipment, software, quality systems and technology transfer, as well as Research, Development and Innovation projects. The implementation period also extends until 31 December 2028, while the legal commitments of all subprojects must have been undertaken by 18 May of the same year.