No deal reached on old Athens Airport as long-awaited redevelopment project rumbles on

Posted by Christian J. Hadjipateras 06/09/2017 0 Comment(s) Economia Blog,
The Culture Ministry’s Central Archaeological Council (KAS) has failed to agree on whether or not the old Athens Airport at Elliniko should be considered of archaeological interest creating yet another delay on redevelopment of the site. The airport closed in 2001 and since then numerous suggestions have been made about how to redevelop the area. Succesive governments dragged the process on until a consortium of Greek, Chinese and Arab investors struck a deal last year.
The latest talks with KAS focused on the possible environmental impact of the project. If KAS insists the plot is of archaeological interest, the investors may be forced to seek dozens of permits for each section of construction they wish to undertake on the site. If, however, an agreement is reached, it is hoped that the €915m project will be able to begin. 

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