Development Law

The Development Law (Law 4399/2016) provides incentives to individuals and businesses to implement investment projects in various sectors of economic activity. Its aims are to promote the balanced development with respect to environmental resources, the technological upgrading, the resolution of a new extrovert national identity, to improve competitiveness in areas of high added value and knowledge-intensive, to shift in the production value chain towards more complex products and the provision of better services.

GEP undertakes the advisory support for the accession of Investment Plans to the Development Law:

  • Appraisal of every business idea and secure business guidance in making business decisions.
  • Preparation of a Feasibility Study for the approval of the Investment Plan.
  • Monitoring and Managing the implementation of the Investment Plan.
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