Approval for Ivan Savvidis' Tourism Project in Paliouri, Halkidiki

A significant step for Ivan Savvidis' tourism project in Paliouri, Halkidiki has been made with the approval of the final restoration study for XENIA.

The investment, undertaken by the group since the previous decade through TAIPED, is proceeding to the licensing phase, having faced various legal, urban planning, and forestry issues.

Last year, with a Joint Decision of the Ministers of National Economy and Finance, Environment and Energy, and Culture, the investment plan received location approval (Government Gazette, February 2024) for the "Special Spatial Development Plan of the Public Property (ESCHADA) named 'Paliouri Halkidiki' in the area of the Municipality of Kassandra Halkidiki," defining land uses and building restrictions by Zone.