The environment, energy, tourism and real estate sectors reportedly dominate interest by Israeli investors eyeing business prospects in Greece, according to press reports.
Greece’s embassy in Israel has mostly fielded requests by local companies interested in the privatization program in the still bailout-dependent country.
Solid and liquid waste management, a field in which Israeli firms have developed innovative technologies and protocols over recent years, also pique the interest of Israeli-based firms, followed by the robust tourism and holiday sector in the east Mediterranean EU member-state. Interest in real estate and the IT sector has also been expressed.
Direct foreign investments from Israel in the Greek market have reached 33 million euros, based on the most recent information provided by the Bank of Greece at the end of 2015, a figure judged as a very small percentage of the overall sum of Israeli investments abroad.
A troubled casino and resort in the Attica seaside town of Loutraki (west of Athens proper) remains one of the biggest Israeli investments in Greece, followed by insurance services and renewable sources of energy.
Furthermore, the entry of Greece-based Energean into the Israeli energy market last year was a milestone for Greek investments in the Mideast country.
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RELATED TOPICS: Greece, Greek tourism news, Tourism in Greece, Greek islands, Hotels in Greece, Travel to Greece, Greek destinations , Greek travel market, Greek tourism statistics, Greek tourism report
Photo Source: Wikimedia Commons Copyright: The Provisional Council of State Proclamation of the Flag of the State of Israel License: CC-BY-SA
Source: naftemporiki.gr
