Minister Invites Private Investment in Greek Tourism Sector

Tourism Minister Elena Kountoura on Friday invited the private sector to take advantage of the new investment opportunities in Greek tourism.

A keynote speaker at the 8th Annual Capital Link Forum held in Athens that focused on the topic “Opening up Greece to Global Opportunities – A new aspect of CSR”, Minister Kountoura underlined that Greek tourism is going through a dynamic period of development.

“This year Greece is seeing a booming growth in tourism with double-digit growth so far in all tourism numbers and is capitalizing on the results of its tourism policy,” she said and spoke of the ministry’s priorities included in the government’s new development plan for Greece.

Greek Tourism Minister Elena Kountoura. Photo source: Tourism Ministry.

Moreover, according to Minister Kountoura, the tourism ministry will cooperate with the Ministry of Economy and Development to carry out a series of new plans, aiming to establish an even more competitive framework to encourage investment in new high class hotel complexes, large and medium-size marina networks, the development of new ports, cruise destinations and medical and wellness tourism.

Kountoura also said the ministry was planning to create theme parks and tourist villages to host EU nationals, allowing them to transfer their tax residence to Greece.

“I invite you to explore these new opportunities in Greece, which we offer you in the tourism sector, and which is today a very attractive proposal for investment in the Mediterranean and Europe,” the minister told top entrepreneurs in the audience.

“Tourism is our big investment in the future, for entrepreneurship, for employment and for sustainable growth,” she said.

Referring to the ministry’s tourism policy, which, through strategic partnerships and targeted actions abroad, has resulted to the country experiencing record international arrivals, revenues and investments on an annual basis.

According to the minister, over the last three years Greece has seen a 25 percent increase in tourist traffic, as well as a significant increase of turnover and profitability of enterprises and the creation of new jobs, contributing decisively to the Greek economy’s growth path.

Founded in 1995, Capital Link is a New York based investor relations, financial communications and advisory firm with a strategic focus on the maritime, commodities and energy sectors, MLPs, as well as Closed-End Funds and ETFs. Based in New York City, Capital Link has presence in London, Athens & Oslo.