Completion of the 'Ionian Road' to improve safety and aid rejuvenation
Being part of the ongoing investment in public works in Greece, this project will focus on the Ionian motorway concession, in particular the construction of the 196 km portion between Antirrio and Ioannina.
The Ionian motorway concession relates to the construction of the 196 km long section Antirrio-Ioannina along with the works to upgrade existing sections of the PATHE motorway (the Patra-Athens-Thessaloniki which is part of the Trans-European Transport Network). The motorway will pass through four Greek regions: Ipiros, Dytiki Ellada, Sterea Ellada and Attiki. These road infrastructure works will improve access to the region through which the motorway passes thus benefiting the Greek economy.
The improvement of road conditions will also contribute to the reduction of travel time and road traffic accidents - it is estimated that they will decrease by more than 37 %. The cost of transportation of goods and people will decrease as well. Moreover 60 jobs are expected to be created during the implementation phase of the project, with a further 360 jobs estimated to be generated once the project is fully implemented.
Total investment and EU funding
The project "Completion of the road axis ‘Ionian Road’ from Antirrio to Ioannina, PATHE Athina (A/K of Metamorphosi) – Maliakos (Skarfeia) and the Schimatari – Chalkida connecting branch of PATHE" has a total investment of EUR 1 523 386 535 " for the 2007-2013 programming period. The European Regional Development Fund is contributing EUR 723 609 999 from the operational programme "Reinforcing Accessibility under the priority axis "Road Transport – Trans-European road network”.
Operational programmeOperational Programme 'Improvement of Accessibility'
Total InvestmentEUR 1 523 386 535
EU InvestmentEUR 723 609 999
EL -114 71 , Αθήνα (Athens)
Ελλάδα - Ellada