Fair Development Transition

The objective of the aid scheme 

The purpose of this scheme is to support investment projects carried out in the areas covered by the Fair Transition Territorial Plans. The aim is to support employment and development in the areas affected by the transition to a climate-neutral economy. 

Eligible investment projects 

Investment projects eligible for this scheme are all those that fall within the areas covered by the Territorial Fair Transition Plans (TTPs). 

Types, intensity and amounts of aid (Development Law – Fair Development Transition) 

RAM: percentage of aid as per Regional Aid Map 

The maximum amount of aid per investment project does not exceed the limits set for each category of eligible expenditure under the General Tax Code 651/2014. 

Operators of investment projects subjected to this scheme are entitled to use the fast-track authorisation procedure. This is given through the General Directorate for Strategic Investments of the Ministry of Development and Investment, as provided for in the Law on Attracting Strategic Investments, without the subordination procedures provided for in this Law. The institutions of the aforementioned investment projects may not avail themselves of the other favourable provisions of the relevant law. 

Evaluation procedure (Development Law – Fair Development Transition) 

Applications for eligibility are submitted to the General Directorate for Private Investment of the General Secretariat for Private Investments and Public-Private Partnerships (PPPs) of the Ministry of Development and Investment. 

Direct assessment. The evaluation of investment projects starts from the date of submission of the application and is completed, with the result of the evaluation check by the Evaluation Committee within thirty (30) days. The promoter of the investment project may submit an objection within an exclusive period of ten (10) days from: tie, investment projects will be ranked according to the lowest eligible investment cost. 

The evaluation of investment projects shall start from the date of submission of the application and shall be completed, with the result of the evaluation check by the Evaluation Committee within thirty (30) days. The promoter of the investment project may submit an objection within an exclusive period of ten (10) days from: 

• A) The posting of the Tentative List on the website https://ependyseis.mindev.gov.gr/en of the General Secretariat for Private Investment and S.D.I.T. of the Ministry of Development and Investment; or 
• B) The notification of the act issued in cases where the submitted application is rejected during the legality check or of the act issued during the assessment of reasonable costs and the verification of the scoring indicators.