Greece Launches €680 Million Plan to Modernize Island Ports: A New Era for Maritime Infrastructure 

Transforming Greek Ports for Sustainability, Connectivity, and Economic Growth 

Greece is embarking on a transformative journey to overhaul its maritime infrastructure, with a €680 million investment targeting the modernization of 30 island ports. This ambitious plan, announced by Deputy Maritime Affairs Minister Stefanos Gkikas at the 8th Infrastructure & Transport Conference in Athens, aims to turn aging facilities into state-of-the-art, sustainable maritime hubs—ushering in a new era for Greek shipping, tourism, and regional connectivity. 

Why Greek Island Ports Need Urgent Upgrades 

For years, many of Greece’s island ports have struggled with outdated infrastructure, with some not seeing major repairs for three decades. The Panhellenic Union of Merchant Marine Captains (PEPEN) has highlighted critical concerns, including silted channels that hinder safe navigation, deteriorating piers and lighthouses that compromise safety, and inadequate facilities for passengers and vehicles. These challenges restrict the size and type of vessels able to dock, slow down cargo operations, and create severe bottlenecks during the busy tourist season. 

Funding Breakdown: Where the €680 Million Comes From 

The investment plan draws from multiple sources to ensure both financial sustainability and alignment with EU environmental goals: 

• €210 million from the National Strategic Reference Framework (NSRF) 2021–2027 Transport Program 

• €93 million from the EU’s Recovery and Resilience Facility 

• €310 million dedicated to green transition initiatives—including shore power systems 

• Additional support from the Island Decarbonization Fund, partnered by Greece, the EU, and the European Investment Bank 

This unified funding model supports Greece’s commitment to sustainable growth and modern infrastructure. 

Core Objectives: Modernization, Sustainability, and Connectivity 

1. Modernizing 30 Island Ports: 

1. Upgrading 30 island ports, with 21 managed by Growth fund 

1. Dredging and deepening of port basins 

1. Reconstruction of piers and breakwaters 

1. Expansion of passenger terminals and parking areas 

1. Improved access for larger vessels and cruise ships 

1. Promoting Green Transition: 

1. €310 million invested in eco-friendly technologies 

1. Shore power (“cold ironing”) systems for at least 12 ports by 2029 

1. Feasibility studies in Lavrio, Rafina, Kavala, and Corfu 

1. Support from the Environment and Climate Change 2021–2027 Program 

These measures will help cut emissions, improve air quality, and meet EU climate targets. 

1. Enhancing Regional Connectivity: 

1. Improved inter-island and mainland transport links 

1. Upgraded logistics and tourism infrastructure 

1. Equal competitiveness for island communities 

Strategic Importance for Tourism and Trade 

Tourism and maritime trade are the lifeblood of Greece’s economy. Popular ferry terminals like Mykonos, Santorini, and Paros are often overwhelmed during peak summer months. Modernized ports will reduce delays, improve safety and comfort for travelers, accommodate larger vessels, and streamline cargo handling for local businesses. These upgrades are essential as Greece continues to set records in tourist arrivals and expand its role in Mediterranean logistics. 

Security and Digitalization: Building Smart, Safe Ports 

The plan also invests €50 million in port security and border control infrastructure, ensuring compliance with EU regulations. Additionally, digital innovations such as automated ticketing, cargo tracking, and smart port systems will enhance efficiency, safety, and appeal for international shipping lines and cruise operators. 

Private Sector Involvement and Future Outlook 

Public-private partnerships (PPPs) are central to the success of Greece’s port modernization. The government encourages private sector involvement in operating terminals, managing logistics, and investing in renewable energy and digital technologies. The recent EU move to double transport infrastructure funding further strengthens Greece’s prospects for rapid transformation. 

Challenges and Next Steps 

Despite having strong funding and strategic vision, timely execution of infrastructure projects continues to be a challenge. Ongoing collaboration among government, the private sector, and EU partners will be essential to fully realize the potential of this landmark initiative.

As Greece sets sail on this major modernization effort, the future of its island ports looks brighter—offering safer, greener, and more efficient gateways for trade, tourism, and economic opportunity.