Trade with Greece - 2011 - page 42

Trade with Greece
40
consistent effort toward this direction.
Which are the shortcomings of this environ-
ment?
The current investment environment suffers
from a major incentive and reliability deficit,
especially at a time when long-term foreign
investment should be the driver of growth. In
order to achieve this target, Greece must
establish a flexible and attractive regime,
which will ensure objective and equal treat-
ment, and above all will not hold unpleasant
surprises, for prospective investors. Moreover,
any serious effort to restructure and rationalize
public administration will send the right mes-
sage to those wishing to invest in productive
activities, reversing the current perception that
any investment has to go “through hell and
high water”, with whatever that implies in terms
of time and money.
Which sectors of the Greek economy show
growth prospects and, therefore, are suitable
for foreign investment?
We must focus on the sectors where Greece has a
competitive advantage. Which are these sectors?
The answer can be found in Greece’s natural
wealth, geographical location, mild climate and rich
history: the production of quality agricultural goods,
shipping, tourism and renewable energy sources
are all showing significant growth prospects. If
these are combined with the development of new
technologies and logistics applications that will
make the best of Greece’s geographical features,
they can become strategic sectors, capable of
attracting international interest.
Which sectors are the Arabs interested in
investing in?
Sectors such as energy, construction, commerce
and tourism have attracted the interest of
1...,32,33,34,35,36,37,38,39,40,41 43,44,45,46,47,48,49,50,51,52,...188
Powered by FlippingBook