Home >> Approved Projects >> Implementation of the broadband development PPP project in rural areas of Greece-LOT 2

Implementation of the broadband development PPP project in rural areas of Greece-LOT 2

Contracting Authority: 
Date of approval by the IM PPP Committee: 
03.01.2012
Budget: 
100 000 000 €
Project Duration: 
17 years
Final Contractor: 
INTRAKAT - INTRACOM HOLDINGS - HELLAS ON LINE
Date of Contract: 
29.12.2014
Project Development Budget: 
100.000.000 €
Equity: 
40.000.000 € (equity & lending)
Co-funded by the EU: 
59.300.000 €
Project type: 
Concession
Type tendering process: 
Open Procedure
Date Tender: 
21.11.2013
Construction Period: 
2
Operating time: 
15
Project Finance: 
National Bank of Greece
Project Description: 

The projects' goal is the installation and operation of necessary infrastructure for broadband internet access, in order to achieve digital convergence of the most disadvantaged rural areas of Greece with the rest of the country. More specifically, the project will provide faster internet in 1,867 settlements with a total population of 185,635 inhabitants. The projects aim to achieving economic and social development and improving the quality of life of residents in mountainous and island regions of the country.

Prefecture: 
Current Status: 
It is in operation