An environmental impact study covering the commercial exploitation of the Helleniko site in coastal southeast Athens was announced this week for public debate.
The 1,332-page study includes a detailed description of the building plans and overall development of the massive project by an international consortium led by Athens-based Lamda Development, an investment in its initial stages reaching 6.7 billion euros.
According to information found in the strategic environmental assessment, an addendum to the financial impact statement for the investment, the overall impact of the project is calculated to reach 11.5 billion euros. This figure only includes the construction portion of the project, without including the multiplier effec
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Source: naftemporiki.gr
