Nikos Sergis’ Post

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Head of PPP Unit, Ministry of Economy and Finance, Greece

🌍♻️ Another significant step forward for sustainable waste management in Greece! The Interministerial Committee on Public-Private Partnerships has approved a new PPP project with a total budget of €157.2 million for the construction of three Integrated Waste Recycling and Recovery Units in Syros, Paros, and Mykonos, as well as a Waste Transfer Station in Tinos. The project addresses the pressing challenges of solid waste management in the islands. The objectives are clear: ✔️ Reduce landfill disposal ✔️ Minimize environmental impacts through biowaste processing ✔️ Produce reusable materials and energy ✔️ Enhance sustainable resource use and create economic benefits 🤝 The European Bank for Reconstruction and Development (EBRD), through its Greek Project Preparation Facility (GPPF), provided valuable technical assistance for the prefeasibility study – a key contribution that supported the project’s design and preparation. With this approval, Greece now counts 12 waste management PPP projects, of which 5 are already operational. PPP has established itself as the prevailing tool for implementing modern waste management infrastructure in the country, supported by a blended financial structure that combines public and private resources to maximize efficiency, attract investment, and deliver long-term value. In total, these projects represent over €1 billion in investments, reshaping Greece’s environmental and social landscape while paving the way for sustainable growth. 🚀 A strategic move for the South Aegean, setting a strong example for sustainable regional development. #Sustainability #WasteManagement #PPP #CircularEconomy #SouthAegean #GreenTransition #EBRD #InfrastructureFinance #publicprivatepartnerships

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Dr. Maria Tzanidaki

Principal Manager, PPP Advisory Unit, Sustainable Infrastructure Group (SIG)SIG at EBRD

1mo

Nikos Sergis always honored to work with you !

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