ACCORDING to reports in the local media the meeting will take place between the Interior Minister, Neoclis Sylikiotis, and a joint delegation of representatives from the company set up by local land owners and representatives of the Russian investors.
The meeting will address two issues. The first concerns the exchange of state-owned land amounting to some 300 donums (around 40 hectares) for land held by the landowners elsewhere. The second concerns the change of use of the land and the need for new infrastructure.
At an estimated cost of €800 million, the project will occupy an area of nearly 1,000 donums (approximately 135 hectares) and will include a waterpark, a luxury hotel and many restaurants (assuming that it goes ahead).