A golf course in the Kilada Hills resort in Ermioni will operate in two years, while the 400-million-euros investment will operate gradually creating 600 job positions, according to ANA.
The building license of the project was signed on Friday and it is the first strategic investment in the tourism sector in Greece which achieves full licensing maturity.
Development and Investments Minister Adonis Georgiadis said a new regulatory framework on building licenses for strategic investments will be issued by his ministry and pointed out that the investment was blocked for several years. Georgiadis said the investment was unblocked in just three months and noted that the ministry will monitor every step of the investment, adding there was cooperation with the Culture ministry to safeguard the protection of the country’s cultural heritage.
Miltos Kambouridis, founder and CEO in Dolphin Capital, said the project will be implemented in two phases. The first, with the development of the first golf course in Greece signed by Jack Nicklaus, covering an area of 869 stremmata, along with luxury resort homes, a Beach Club and a modern Golf Club for its members.
The second phase envisages the development of a five-star hotel designed by the acclaimed architect Jean-Michel Gathy, along with sport and leisure facilities and luxury resort homes.
RELATED TOPICS: Greece, Greek tourism news, Tourism in Greece, Greek islands, Hotels in Greece, Travel to Greece, Greek destinations, Greek travel market, Greek tourism statistics, Greek tourism report
