Chi­nese in­vestors are eye­ing lo­cal air­ports, for starters

Kathimerini English - - Front Page - BY DIMITRA MANIFAVA

In­fra­struc­ture as­sets, mainly air­ports in­clud­ing the coun­try’s main hub in Athens and ma­jor re­gional ter­mi­nals, are the main fo­cus of Chi­nese in­vestors ea­ger to bol­ster their pres­ence in the Greek econ­omy.

It is no co­in­ci­dence that since Mon­day, two busi­ness mis­sions have ar­rived in the Greek cap­i­tal from China, in­clud­ing rep­re­sen­ta­tives of ma­jor con­struc­tion com­pa­nies. The del­e­ga­tions are con­duct­ing talks with state au­thor­i­ties such as the De­vel­op­ment Min­istry, the In­vest in Greece agency and the state pri­va­ti­za­tion fund (TAIPED) as well as lo­cal com­pa­nies.

“The Chi­nese are fo­cus­ing on air­ports in or­der to pro­mote their much-de­sired di­rect air link with Greece be­fore they move on to other sec­tors such as prop­erty,” a high­level of­fi­cial at the De­vel­op­ment Min­istry said.

Sources add that the Chi­nese are par­tic­u­larly in­ter­ested in the air­port at Kastelli, near Irak­lio on Crete, which is a new pro­ject in prac­ti­cal terms, un­like the re­gional air­ports for which TAIPED has al­ready started pri­va­ti­za­tion pro­ce­dures. The Kastelli air­port en­tails a com­plex fund­ing process that in­volves both the con­struc­tion of a ter­mi­nal and road links.

A month ago, De­vel­op­ment Min-

are par­tic­u­larly in­ter­ested in the air­port at Kastelli, near Irak­lio on Crete, which en­tails a com­plex fund­ing process that in­volves both the con­struc­tion of a ter­mi­nal and road links. is­ter Costis Hatzi­dakis re­vealed that ma­jor con­struc­tion groups are in­ter­ested in Kastelli, set­ting the pro­ject apart from the other re­gional air­ports which op­er­at­ing com­pa­nies are eye­ing.

The first of the two mis­sions men­tioned above is from Bei­jing and led by the Ex­port-Im­port Bank of China, with an em­pha­sis on in- fras­truc­ture, while the other is from Shang­hai, led by 21st Cen­tury Me­dia, one of the China’s lead­ing me­dia groups. The Chi­nese will con­tinue their con­tacts in Athens next week, while on June 25 an­other mis­sion will ar­rive, in­clud­ing rep­re­sen­ta­tives of com­pa­nies in the food, tourism and real es­tate sec­tors.

Sources say the Chi­nese

Newspapers in English

Newspapers from Greece

© PressReader. All rights reserved.