Key Competitive Attractions
Invest in Greece is the official Investment Promotion Agency, whose aim is to be a valuable partner for investors.
Greece occupies a strategic geographical position, with central Europe to the north, north Africa to the south, the Middle East to the East, and southwest Europe to the west, providing excellent access to major markets, coupled with a GDP of nearly €1 trillion, and a population 350 million strong.
Key Competitive Advantages:
- Well-educated, multilingual work force, thanks to such high levels of tourism and educational institutions.
- Highly competitive labour costs in the EU.
- Highest level of university degrees in management in southwest Europe.
- Abundance of natural resources, sustaining healthy a tourism industry, as well as the industries of food and drink production, renewable energy, and various specialised technology clusters.
- The 2006 FDI inflows amounted to more than €6.29 billion - a 100% increase from 2005.
- Net inflows for the same year reached €4.27 billion – a staggering 10-fold increase from 2005’s net inflow of €487 million.
- Greece is a member of the EU and the Eurozone.
- Well-developed infrastructure.
- Steady increase in exports, currently stood at 9.5% of the GDP, with a total value of €7.033 million for the first half of 2009.
- A vast number of developments were necessary for Athens to host the 2004 Olympic Games, which led to massive investment into a highly modern and efficient communications infrastructure.
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