The government of Greece has given the green light to a €370 million ($421 million) road project in Athens, according to InfraPPP.
Work on the Eastern Inner Peripheral road project will include an upgrade to the 9.5-kilometer (5.9-mile) section from Level Junction -K5 to the area of Genesis Hospital with the addition of an elevated expressway, as well as the widening of a 3.5-kilometer (2.2-mile) section. In total, the project will stretch 13 kilometers (8 miles).
The Eastern Inner Peripheral road project will be developed under a public-private partnership program and will carry a concession period of 30 years. Once completed, the project is expected to serve 7,500 cars per hour in each direction by 2030.
The project is scheduled to be awarded by the end of 2021.
