>>Financing of the Project

Financing of the Project

In late 2006 Nea Odos, following an International Restricted Tender, undertook the study, design, construction, operation, exploitation and maintenance of the “Ionia Odos” Concession Project.

The project budget exceeds EUR 1.1 billion and the full description of the financial model is included in the Concession Agreement (C.A.).

Essentialy the project’s financing comes from a combination of equity, bank loans, EU funds & Greek State funds and the project users’ contribution.