Greek Prime Minister Antonis Samaras held a meeting with head of Chinese telecoms firm ZTE Corporation Hou Weigui in Athens on Thursday to discuss a series of investment plans in Greece. In statements to the press after the meeting, Hou reiterated the technological giant's intention to create a significant logistics center at Piraeus, Greece's largest port. Works on the establishment of a production-repair center to be added to a transit center are expected to start by early 2014 so it can be operational within a year, according to the timetable. "We believe these plans will support the country's economy and offer 400-600 new job positions," he said. The investment was included in a memorandum of cooperation signed during the Greek prime minister's visit to China in May. Through this project, ZTE Corp. aims to further penetrate the European market by reducing production and transport costs. On behalf of the Greek government, Greek Development Minister Costis Hatzidakis who also attended the meeting noted that such plans prove the interest of foreign investors for win-win investments in Greece and the increasing international confidence in the country's economic future after three years of painful austerity to exit the debt crisis. "The sacrifices of Greek people are starting to bring results. We continue efforts for further positive news," he said.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor