Ktimatoemporiki Crete :: English
Home Sitemap News Search Contact Us Testimonials

5 billion Euros are invested from Qatar in Greece - the region of Elliniko is developed
Last night it was signed in New York the memorandum of cooperation of the Greek government with the government of Qatar, which includes promotion of investment projects in sectors including real estate, tourism, transport facilities, installations at ports and airports, in the banking section, the financial services, energy and other sectors.
Under the agreement of both sides, the Qatar Investment Authority confirms its intention to invest in the Greek Republic, even through its subsidiaries, with a total budget - investment target of five (5) billion U.S. dollars.
Finally, the parties express their common intention to work together to explore ways in which the Qatar Investment Authority may participate in investment opportunities in Greece.
Greek sources say that this is the first step, but also very important and the negotiations will now begin on the type of investment. The Joint Committee will meet in Athens and Doha alternately every three months.
According to reports, a large part of the investment package could be channeled to the Elliniko region and the exploitance of part of the surface of 1,483 acres (probably 30% of it). Although it has nīt been specified the type of investment, the newspaper Eleftheros Typos mentions that the proposal of investors from Qatar includes:
1. Most likely, a floating casino.
2. Construction of Marina mooring luxury yacht in the place, where the Olympic yachting marina is set now.
3. Hotels and convention center.
4. Formulation of the old airport to reopen for VIP private aircraft. Something, though, that is extremely difficult.
Please note that all these investments will be promoted through the fast track, a process that should be activated immediately, as the Arabs would build on theirs, rather than borrowed money and do not want to encounter bureaucratic obstacles and delays in the content.
Bookmark and Share

Not a member? Register here

Home :: Privacy Policy :: Sitemap :: News :: Search :: Contact Us

Where your dreams become investments! Real estate Ktimatoemporiki
©2005 Ktimatoemporiki. All rights reserved."It is pointed out that according to Law 2121/1993 and the International Conventions on the protection of copyright that Greece has ratified the republication and generally the reproduction of the content of the present web page in all or in part is prohibited without the previous written authorisation of Ktimatoemporiki Crete".
This site was designed and developed by net-tomorrow design studio