Infrastructure in Greece

Funding the future

Infrastructure in Greece has been severely affected by the deep recession. The erosion of infrastructure investment from 2009 to 2018 resulted in a € 13bn permanent shortage.

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Greek infrastructure in numbers

Greek infrastructure projects pipeline

  • The infrastructure pipeline is concentrated (63%) on electricity interconnection and generation and urban rail. € 10.6bn of the budget refers to Energy projects, while € 7.4bn to Railways and  € 4.3bn to Motorways. Tourist infrastructure and Waste management projects account for a small part of the remaining budget taking up only about € 1.3bn and € 0.9bn respectively
  • The current project portfolio is heavy on energy and transport but short on connectivity, tourism and the environment

A unified project planning would:

  • Reduce delays
  • Facilitate funding and control

There should be a single state organisation mandated with the planning, design and management of all major infrastructure projects (e.g.> € 20mn)

 

 

Contact us

Penelope Kourkafa

Director, Internal Firm Services, Marketing & Communications, PwC Greece

Olympia Liami

Manager, Advisory, PwC Greece

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