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Kalamata Airport concession signed, paving way for 125 million euro investment
🇬🇷 Greece /Economy & Trade

Kalamata Airport concession signed, paving way for 125 million euro investment

From Ta Nea · () Greek

Translated from Greek, summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • A concession agreement was signed for the development of Kalamata Airport in Greece.
  • The deal involves investments of 125 million euros to upgrade airport infrastructure.
  • This marks a new phase of development for the Messinia and Peloponnese regions.

A significant concession agreement has been signed for the development and operation of Kalamata International Airport "Captain Vassilis Konstantakopoulos." This agreement heralds a new era of development for the Messinia and Peloponnese regions in Greece, with substantial investments planned for infrastructure upgrades.

The deal, involving the Hellenic Republic, the Hellenic Corporation of Assets and Participations (HCAP), the concessionaire company AERODROME KALAMATAS S.A., and its shareholders including FRAPORT AG and DELTA AIRPORT INVESTMENTS, is set to inject 125 million euros into the airport's modernization. These funds will be directed towards enhancing the airport's facilities and operational capabilities, aiming to boost tourism and economic activity in the wider area.

This strategic investment is expected to significantly upgrade the airport's infrastructure, making it more competitive and capable of handling increased air traffic. The development is anticipated to stimulate economic growth, create jobs, and improve connectivity for both residents and visitors, solidifying Kalamata's position as a key gateway to the Peloponnese.

DistantNews Editorial

Originally published by Ta Nea in Greek. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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