With the implementation of the proposed project, the anti-flood protection of the entire catchment area of the Eschatia stream will be completed as the project is in full harmony with the existing projects of the downstream section (from the confluence of the Eupyridon pipeline to the estuary in the Kifissos river).
In summary, with the implementation of the project, the benefits that will arise are the following:
i) The protection of human life from flooding phenomena,
ii) The protection of movable and immovable private and public property (avoidance of damage from flooding phenomena in homes, commercial, industrial, agricultural holdings, public infrastructures, utility networks, etc.).
iii) The upgrading of the quality of life and the strengthening of the sense of security of the residents and users of the area, in terms of their political protection from natural hazards. Redevelopment projects will also contribute to the upgrading of the quality of life,
iv) The upgrading of the commercial value (surplus value) of land-properties that are currently located within zones with a high degree of flood risk,
v) The prevention of Public Sector expenses related to compensations to flood victims and the corresponding prevention of the costly mobilizations of the Civil Protection Mechanism and Public Welfare Organizations,
vi) The protection of the National Cultural Heritage with the anti-flood shielding of the sites of archaeological interest.
G.E.MI.: 121732403000