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Greece's engineering market is revving up, expected to reach $12.4 billion by 2022. This growth is driven by a focus on infrastructure, energy, and tourism development. Government procurement plays a key role, injecting billions into projects like road upgrades and renewable energy plants.
The Greek government is a major engineering buyer, spending heavily on public works. In 2020, engineering and construction accounted for 29.8% of all government procurement. This translates to billions of euros flowing towards projects like bridges, harbors, and water treatment facilities.
The government seeks a wide range of engineering expertise. Top priorities include civil engineering for infrastructure, environmental engineering for sustainability, and electromechanical engineering for energy projects. Additionally, IT and telecommunications are crucial for modernizing public services.
Several authorities oversee Greece's engineering procurement. The Hellenic Ministry of Infrastructure and Transport leads the charge, followed by the Ministry of Environment and Energy. Regional authorities also play a crucial role, particularly in infrastructure development.
A mix of domestic and international firms are bagging Greece's engineering contracts. Local giants like GEK TERNA and Ellaktor are joined by global players like Vinci and Acciona. Joint ventures are also common, combining local knowledge with international expertise.
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