WHY INVEST IN GREECE - BELT AND ROAD INVEST IN GREECE 2021 FORUM, APRIL 22, 2021 - Become a member
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
WHY INVEST IN GREECE BELT AND ROAD INVEST IN GREECE 2021 FORUM, APRIL 22, 2021
• NOW IS THE TIME BELT AND ROAD INVEST IN GREECE 2021 FORUM, APRIL 22, 2021
ECONOMIC HUB OF SOUTHEAST
EUROPE
BELT AND ROAD INVEST IN GREECE 2021 FORUM, APRIL 22, 2021
THE CROSSROADS OF THREE
CONTINENTS
Greece lies in the only place in the world where
three different continents intersect (EUROPE,
ASIA, AFRICA)
BELT AND ROAD INVEST IN GREECE 2021 FORUM, APRIL 22, 2021
SO CLOSE TO SO MANY…
Greece is only a few hours away from
CENTRAL / SOUTH / WESTERN EUROPE,
NORTH AFRICA, MIDDLE EAST
BELT AND ROAD INVEST IN GREECE 2021 FORUM, APRIL 22, 2021
Greece. The Logistics Hub
Greece stands on the crossroad of three continents (Europe, Asia, Africa), connecting people, goods
and cultures. For that reason, Greece has long been a strategic HUB for logistics in the greater
region.
Greece’s geographical position as a gateway between East and West render it highly attractive for
investments in logistics and transport to take advantage of these increasing trade flows in an efficient
and cost-effective manner.
Greek ports are strategically located and could easily be transformed into regional logistics hubs for
goods travel from Asia to Europe. The main port of Greece, Piraeus is a large port with significant
capacity both as a container port and as a car terminal. It is also close to the main Mediterranean
maritime route and provides access to large logistics centers and a high-speed cargo train route
leading into Europe. All these allow Piraeus to serve both as a transshipment center and a gateway
port to Europe.
Piraeus ranked 1st, in 2020, among Mediterranean commercial ports, and 25th internationally, with a
total capacity of 5.43 million TEU. Piraeus’ increased capacity and efficiency, its new cargo train
connection to Europe and the shorter, more direct access to Asia through established shipping routes,
has established Piraeus as the premium import point from the manufacturing countries of Asia to
Europe.
Greece. The Logistics Hub
Greece. The Energy Hub
Located at the crossroads between East and West combined with the country’s participation in
tripartite cooperation, offers Greece the opportunity to play a key role in the South Balkans and East
Mediterranean region energy markets. The ample availability of renewable energy potential (wind,
hydro, biomass, geothermal, solar & solar thermal) combined with ongoing large-scale infrastructure
projects involving Greece (TAP-IGB-EastMed Gas Pipelines, EuroAsia Interconnector,
hydrocarbons exploration and development) show that Greece is a key player in the formulation of
the EU energy mix and will provide significant investment opportunities in all energy industries.
The energy sector in Greece has a higher contribution to gross value added (GVA) and employment
than in most EU countries, and is poised to grow significantly in the coming years, driven by a
number of significant factors:
required optimization of the energy mix, which consists of the reduction of fossil-fuel generated
electricity and increased contribution from RES. This shift will be driven both by the revised EU
policy of 35% renewable energy sources by 2030, and by the preference for cheaper and cleaner
energy sources such as natural gas
the state’s planned privatization of major energy assets
the liberalization of the electricity and natural gas markets and the further separation of production
and supply from transmission networks the potential for Greece to become a European gateway for
natural gas, electricity and oil resources through mega-infrastructure projects such as the TAP-
IGB-EastMed gas pipelines, EuroAsia Interconnector or gas and oil exploration and production.
energy efficiency and cost reduction driven by such technologies as smart metering, smartgrid
technologies, LED lighting, energy efficient buildings, etc.
major infrastructure development initiatives such as the interconnection of the Greek islands with
the main electricity grid
Greece. The Energy Hub
BELT AND ROAD INVEST IN GREECE 2021 FORUM, APRIL 22, 2021
Greece, Global Business Services
Greece attracts a worldwide interest for the establishment of intra-group service centers offering
immense opportunities for centralized middle and back-office functions. Being in a geostrategic
location, perfectly accessible in a +/- 2h time zone, Greece is an EU member state offering a
convenient destination for global IT-enabled services.
Greece offers today a pro-business environment, a modern legal framework for global business
services, highly-qualified and multilingual talent, competitive labor cost and office space rentals and
incentives to support job creation and professional training. The operating ecosystem for BPOs is
currently evolving with recent market entries of leading business process outsourcing providers setting
up large scale operations in metropolitan areas of Greece.
Leading multinational groups in key global industries choose Greece to centralize back-office activities
in fields of accounting & finance, R&D, technology & engineering and omnichannel customer
experience.
Greece holds a very strong position in higher education statistics, 44% of people aged 30-34 years have
a higher education degree, compared to the European Union average of 40%. Greek engineers are
included in the Economist's global top 20 ICT human resources pool and have topped the ITU/ICT
development index. Greece scores high on all major factors taken into consideration when choosing a
new country for relocating, such as quality of life, regulated environment, secure living conditions in
urban and rural areas, access to efficient services, strong public health system, residence privileges for
family members, multicultural and multilingual cities, and freedom to travel, among others.
Attractive incentives are in place part of Greece’s legal framework for shared services centers and
BPOs since new job creation and vocational training are major priorities for the country. R&D activity
is strongly supported by generous tax incentives and Actions targeted to priority sectors of the Greek
economy.
BELT AND ROAD INVEST IN GREECE 2021 FORUM, APRIL 22, 2021Greece, super incentives for R&D
investments
Greece today is a unique opportunity for a company that wants to create a Research and Development
Center. The incentives offered are excellent, combined with excellent quality human resources and
infrastructure.
R&D tax super deduction. New legislation increases the R&D additional deduction from 30% to
100%, resulting in a super deduction of 200%, also providing an optional accelerated certification
procedure
Eligible expenditure include:
• Wage costs • Contractual research (up to 70% of total R&D expenditure) • Tax depreciation costs of
buildings • Tax depreciation costs or lease of equipment and laboratory instruments • Tax amortization
costs of specialized software • Travel costs • Consumables • Patent development costs
• Subscriptions to databases/libraries • Operating expenses
R&D grant (EU): Up to 100% funding. All legal entities performing R&D activities in national priority
sectors based on the National/Regional Innovation Strategies for Smart Specialization (RIS3) 2014-20:
• Agrifood-nutrition • Health and pharmaceuticals • Information technology and telecommunication
services • Energy and its cross-cutting implications • Environment and sustainability • Transport and
logistics • Materials and construction • Culture, tourism, and creative economy
BELT AND ROAD INVEST IN GREECE 2021 FORUM, APRIL 22, 2021GREECE General Information BELT AND ROAD INVEST IN GREECE 2021 FORUM, APRIL 22, 2021
GREECE Population, major cities, History & Culture BELT AND ROAD INVEST IN GREECE 2021 FORUM, APRIL 22, 2021
GREECE Gastronomy, Lifestyle, Education, Health Care BELT AND ROAD INVEST IN GREECE 2021 FORUM, APRIL 22, 2021
GREECE
Transportation, Airports, Sea, Ports, Urban transport
Transportation
Greece boasts a robust and modern transportation network that seamlessly connects air,
land and sea. By plane, ship, train or car, traveling to Greece, and moving through the
country, is simple and quick. Almost the entire country is covered by public transport,
making travel simple within Greece.
Airports
Greece has 45 airports—15 international airports, 26 domestic airports, and 4 municipal
airports, 21,5 million international passengers in 2019. Main airports: Athens International
Airport (Eleftherios Venizelos), Thessaloniki, Iraklio (Crete), Rhodes, Corfu, Kos, Chania,
Zakynthos, Samos, Mykonos, Santorini (Thira). Many of these airports, especially on the
islands, primarily serve tourists and handle charter flights.
Sea
Greece offers a highly developed port and ferry network that connects all of the country’s
islands as well as ports in other countries—predominantly in Italy. There are daily routes
from Patras and Igoumenitsa to Italy.
Ports
With hundreds of islands, Greece has many seaports, 16 of which are international. The
port of Piraeus is one of the busiest in Europe and is the main cargo port of the country,
followed by the ports of Thessaloniki, Patras, and Igoumenitsa. Greece has more than 140
ports that serve passengers and cargo. Greece’s port infrastructure is being constantly
upgraded and improved to meet the needs of cargo shipping, security concerns, and the
country’s visitors, that totaled 35 million in 2019.
In November 2008, China’s Cosco signed an agreement to run a part of the Port of Piraeus
in a 35-year, 4.5 billion-Euro deal that is slated to significantly increase the port’s. In
addition, this agreement will position Piraeus as a leading point of cargo capacity and
efficiency, entry for goods from Asia destined for the European market.
Urban Transport
Athens boasts a highly sophisticated public transportation network, comprised of buses,
suburban railways, and a state-of-the-art metro. Thessaloniki and other cities in Greece
also have integrated public transport networks.
BELT AND ROAD INVEST IN GREECE 2021 FORUM, APRIL 22, 2021GREECE Infrastructure, Road network, Railway BELT AND ROAD INVEST IN GREECE 2021 FORUM, APRIL 22, 2021
GREECE
Waterways, Power & Energy, Telecommunications,
Water & Sewage systems
BELT AND ROAD INVEST IN GREECE 2021 FORUM, APRIL 22, 2021GREECE
Human Capital
BELT AND ROAD INVEST IN GREECE 2021 FORUM, APRIL 22, 2021GREECE Services, Languages, Intellectual Capital BELT AND ROAD INVEST IN GREECE 2021 FORUM, APRIL 22, 2021
BELT AND ROAD INVEST IN GREECE 2021 FORUM, APRIL 22, 2021
FFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFF
FFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFF
FFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFF
FFFFFFFFF
59You can also read
