Tender process for 1.5 bln euro highway on Crete to start

The tender process for the construction of a 1.5 billion euro highway running along the north of Crete will commence this month, said Stavros Arnaoutakis, regional governor of Crete, on Wednesday.

The Greek government is in talks with the European Investment Bank to fund the 180 kilometer highway connecting Kissamo, on the island's west, with the eastern town of Siteia.

Funding has been a key problem for the project, holding up its construction in recent years.