Prime Minister Kyriakos Mitsotakis is concluding a tour of Arta in western Greece and Corfu island this weekend.
At an event on the Kassiopi Project on Corfu on Saturday, the PM referred to the importance of the project as a strategic one for tourism, second to start after Hellinikon but similar in creating new jobs and new wealth and developing public land with the contribution of private funding.
In his brief address, Mitsotakis reiterated the government's priority of attracting investment.
The event was attended by the Development, Culture, E-Governance and Tourism ministers, among others, including regional directors and the US General Consul in Thessaloniki.
Kassiopi Project, budgeted at over 120 million euros, entails construction on 7 pct of an area of 49.5 hectares (495 stremmas), which will remain green. It will involve a 5-star hotel with 90 rooms and 76 suites, and up to 40 separate luxury villas. It is expected to create 1,000 new jobs to begin with and 500 new jobs once completed, and will include a marina for nearly 60 yachts along with resupply stations.