Yesterday, Tourism Minister Harry Theoharis invited entrepreneurs from the Arab world to visit Greece and to invest funds in the country’s tourism sector. Speaking at the 4th EU-Arab World Summit in Athens, Minister Theoharis shined a light on the favorable investment climate.
Greece’s tourism minister emphasized the linkages between the Arab world and Greece and pointed out the new administration’s policies:
“These are links that we are called upon today to further develop for the benefit of our countries, for a better tomorrow. The acceleration of all mature investment projects in accommodation units and the investment in infrastructure (regional airports, ports, road networks) needed to modernize them, by mobilizing the private sector and contributing to costs, is at the heart of the government’s policy.”
Minister Theoharis also referenced Greece’s having left the 10-year economic crisis behind, as well as the new government’s efforts to further stabilize the economic environment, stability and security. The minister also said; “For the Greek government and the tourism ministry, turning our economy into a sustainable model of growth is non-negotiable.”
According to Mr. Theoharis, “the master plan of Greece’s state privatization fund (HRADF), such as marinas, make up a very rich portfolio that can attract the investment interest of the Arab world.”
As he’s said on several occasions, the new government’s priorities are still the extension of the tourism season through the development of alternative forms of thematic tourism, such as medical, conference, gastronomic and sports, to make Greece’s tourism product more attractive.
Organized by Tsomokos Group and Al-Iktissad Wal-Aamal Group, the 4th EU-Arab World Summit was held during October 29-30 at the Athens Concert Hall (Megaron). Established since 2016, the summit provides the most representative and dynamic platform for debating strategies of Euro-Arab cooperation and partnership between the two major economic and political blocs.