The Greek government’s turn towards realism has raised hopes that foreign and domestic investors would grab the opportunity to transform Greece’s economy and help bring the country out of the decade-old crisis, greekreporter.com notes in the following article and argues that three massive investment projects are already promising to create thousands of new jobs and inject billions into the Greek economy:
Hellinikon Airport
The development of the former Hellinikon airport in southern Athens by Lamda Development aims at the creation of a world class Metropolitan Park covering an area of 2,000,000 sq.m.
Ethniki Asfalistiki
The acquisition of Ethniki Insurance, Greece’s oldest insurer, by American-Dutch consortium Calamos-EXIN is not only a significant investment in its own right, but it could serve as a catalyst for renewed interest of the US investor community to the country.
Regional airports
Fraport Greece has already started investing into the upgrade of 14 Greek regional airports.
The development plans envisages the modernization, development and/or expansion of the airports’ infrastructure as the case may be which include works from the refurbishment of existing terminals to the construction of new landside and airside facilities.
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Photo Source: Wikimedia Commons Copyright: Stafylis License: CC-BY-SA
Source: greekreporter.com
