The Ministry of Infrastructure will proceed with the award of the North Road Axis (BOAK) in the near future. This is the Department of Heraklion -Chania to be constructed by concession.

There is a 10 -day interval, which enables the possibility of a preliminary ruling. However, before this deadline expires, the folder will be sent to the Court of Auditors to start The procedure for pre -contractual auditwhile at the same time being sent to the competent services of the European Commission, namely DG – COMP and DG -Move.

At the Ministry of Infrastructure and Transport they estimate that the concession may be sent In the House in Marchin accordance with the procedures provided.

The signing of the contract with the concessionaire company and the State is expected in April. The concession is expected to take place in the summer of 2025.

Within the first half of 2026, they estimate the Ministry of Infrastructure and Transport that a significant object of the project will be completed. In this way, the milestone will have been reached by the Recovery and Resilience Fund, which, as is well known, finances the project with 200m euros and in which the four national banks participate. Reportedly the concessionaire

Company has locked the shape in which it will participate in project financing. In fact, the financial scheme has been submitted to the Ministry of Infrastructure and Transport for approval.

For concessions, Deputy Minister of Infrastructure and Transport, Nikos Tahaia, has pointed out that they are a very useful tool for funding and developing infrastructure projects as, as it has stated, “large road projects cannot be funded by the State”, while at the same time “ensuring the quality of travel”.

Indeed, according to the Deputy Minister, the Greek motorways that have been built or operated under concession are very high in Europe’s highway ranking.

It is noted that when the concession contract is activated, the entire BOAK from Chania to Agios Nikolaos will be in construction. The Hersonissos-Neapolis and Nipoli-Agios Nikolaos sections are already constructed.

The section Peninsula-Neapolis 22.5 km long is implemented by the PPP method and the contractor is the shape of GEK TERNA-AKTOR-ACTOR.

The section Neapoli-Agios Nikolaos14.5 kilometers in length is implemented as a classic public project with a contractor by AKTOR. Both sections are possible to be completed in 2027 to 2028.

With the completion of the projects in all three sections, the new highway will have two lanes per direction and emergency lane (LEA), uneven nodes, motorists (SEAs). Tolls will operate in the concession section of Chania-Heraklion.

By adding it Chania-Kissamosthe length of BOAK increases from 192 kilometers to 223 kilometers.