Greek PM to invite Qatari investors

AFP

ATHENS GREEK Prime Minister Antonis Samaras will hold an investment trip to Qatar later this month and similar trips to China and Russia are planned at a later date, the state agency said on Friday.

“Samaras will travel to Qatar on November 27 and (his office) is planning journeys to China and Russia with the aim of attracting investors,” the ANA agency said.

A government source confirmed the Qatar trip.

“The Qatar trip will definitely be held but as regards the others we are awaiting an official confirmation,” the source said.

Mired in a five-year recession, Greece has long sought to entice Qatari investors in real estate development deals to jumpstart its flagging construction industry, usually one of the main engines of its economy.

Samaras’ government has redoubled efforts to lure foreign businesses to Greece and create jobs to mitigate the effects of a soaring unemployment rate that has jumped over 25 percent.

The government this week said US computer giant Hewlett Packard had reached a “preliminary deal” with Chinese shippers Cosco to base a key part of its regional supply network at the main Greek port of Piraeus.

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