A significant contract was recently finalized between the Deputy CEO of the Superfund, Panagiotis Stamboulidis, and the Rector of the Technical University of Crete, Michalis Zervakis, during a ceremony attended by the Minister of Education, Sofia Zacharaki. This project aims to improve the utilization of the inactive property belonging to the Technical University of Crete and is part of the broader initiative by the Superfund's Strategic Contracts Unit (PPF). The proposed developments include two main interventions: a student accommodation complex and the establishment of a conference center.

The first major intervention involves the construction of an infrastructure complex adjacent to the university's campus. This area will provide housing for students with low rents and flexible rental conditions, along with a modern student center that aims to cater to the needs of students, researchers, and visitors. Additionally, the development will feature a conference center intended to promote academic and professional events, thus enhancing the university's engagement with the broader community.

The second intervention consists of the effective management of a specific land parcel that can contribute to further development projects in the region. This initiative reflects the Greek government's ongoing commitment to enhancing educational infrastructure and promoting the local economy through strategic partnerships. The successful implementation of this contract is expected to greatly benefit the university and its stakeholders, reinforcing the importance of educational institutions in regional development plans.