Greece is a reliable destination for long-term investment funds, emphasized the Vice President of the government, Kostis Hatzidakis.
Speaking today at the Growthfund Investor Summit 2026 – Navigating the New Geoeconomic Order, emphasized that “the Hellenic Innovation and Infrastructure Fund is now fully operational. The first investment, in the digital infrastructure sector, is expected to be announced very soon. Our goal is to mobilize investments exceeding 1 billion over the next three years, while over the long term, the projects to be funded are estimated to reach 20 billion euros.”
Kostis Hatzidakis recalled that the Hellenic Innovation and Infrastructure Fund was established by Law 5131/2024, which introduced changes to the governance of the Superfund and the operation of its subsidiaries.
“Provisions were made to reinvest 50% of the revenue from port concession contracts into upgrading the port infrastructure itself. Greater flexibility in staffing and speed in decision-making have been introduced. Above all, however, progress has been made in establishing the new National Investment Fund, which was not intended to replace the market but to complement it by co-investing in sectors of strategic importance and high added value for our country. This is a tool that has existed for years in most European countries but was missing in Greece. I personally negotiated these changes as Minister of Finance with the ESM.
” Today, I feel a great sense of satisfaction seeing this reform, which began during my tenure at the Ministry of National Economy and Finance, bear fruit. The Superfund is no longer a tool used to service the public debt, but is gradually being transformed into a major national development fund,” said the Deputy Prime Minister.
“The Superfund and its subsidiaries have shifted into high gear. Creating real value for the economy and society. The services they provide to citizens are constantly being upgraded. Transportation is one example of this trend. Public assets are being managed in an even more professional and efficient manner. Investments in strategic infrastructure are accelerating, thanks to the work of the Strategic Contracts Unit,” he noted.
He added that today, as part of the conference, the concession agreement for Kalamata International Airport will be signed with the consortium of Fraport, Delta Airport Investments, and PILEAS Holdings.
“This is an investment of particular importance for Messinia and the Peloponnese as a whole. An investment that will substantially upgrade the airport’s infrastructure and services. An investment that will create new jobs and give a new boost to the local economy. As was the case with the concession contracts for the 14 regional airports, of which I am proud, as they were launched when I was Minister of Transportation and have transformed the airports. And this will be complemented by the concession contract being promoted in the coming months for the 22 small regional airports.”
Transformation of the Superfund
Kostis Hatzidakis pointed out that the transformation of the Superfund is not an isolated event, but rather part of a broader transformation that has been taking place in recent years in the Greek economy. He cited, by way of example, growth rates, the creation of hundreds of thousands of new jobs, budget surpluses, and the dramatic reduction in public debt. He also highlighted the increase in industry’s share of GDP and employment, the ongoing enhancement of Greece’s role as a hub for energy, transportation, data, and technology in the wider region, as well as the tangible confidence investors are showing in the Greek economy.
“It’s not just the record-high levels of Foreign Direct Investment, which have exceeded 44 billion since 2019. It’s not just that Greece is by far the country with the largest overall increase in investment in the EU since 2019 (83% compared to 43% for second-place Croatia). Greece is now emerging as a stable and reliable destination for long-term investment capital. That is, for capital that is not seeking short-term investment opportunities, but is coming to our country with a horizon spanning decades.
” A prime example is the highly successful share capital increase by PPC, in which the Superfund holds a significant stake. A company that was on the brink of bankruptcy in 2019 managed to raise 4.25 billion euros. Total bids reached 18 billion euros. And the capital increase for ADMIE, which will finance an ambitious €6 billion electricity interconnection program. In the coming years, all the Aegean islands will be interconnected, a move with economic, environmental, and national significance.”
“Obviously, we haven’t solved all the problems,” concluded Kostis Hatzidakis. “We still have a long way to go to achieve the strategic goal of convergence with the more developed European countries. However, we have put the Greek economy on a stable path toward a more sustainable, more outward-looking, and more competitive production model. Our country now possesses something that, just a few years ago, seemed self-evident to others but not to us: credibility. Credibility in the eyes of the markets, investors, and citizens. We have a duty to safeguard this credibility as the apple of our eye. And it is upon this credibility that we want to build the next chapter of the Greek economy. With more investment. With more innovation. With better jobs. With growth that will be strong, sustainable, and benefit all Greeks.
