EBRD and Greece establish new €20m PPP facility
The European Bank for Reconstruction and Development is joining forces with the Ministry of Development and Investments of Greece to establish a new public-private partnership preparation facility cooperation account.
The Ministry will fund the activities of the facility with €20 million, while the EBRD will manage the fund.
The project pipeline will mostly be in the social infrastructure sector - education and health, sustainable urban infrastructure, and water and waste management.
The new facility will follow the successful example of the EBRD’s Infrastructure Project Preparation Facility, which includes projects such as the construction, acquisition of equipment and facility management of a new building by the Biomedical Research Foundation of the Academy of Athens, for the provision of specialised services in the field of personalised medicine and DNA research.
