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Wednesday, October 5, 2022
HomeEconomyGeorgiadis on SKAI 100.3: Sani/Ikos' deal with GIC is the biggest tourism...

Georgiadis on SKAI 100.3: Sani/Ikos’ deal with GIC is the biggest tourism investment in the world

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The minister explained that this investment shows confidence in Greek tourism and the fact that it will do better in the coming years

Aris Portosalte, the Minister of Development, described the pandemic as the biggest investment in the tourism industry in the world, speaking on SKAI radio Adonis Georgiades the acquisition of the majority package of the Sani/Ikos hotel group by the Singapore sovereign wealth fund GIC; ((JI AI SI)).

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For this transaction, the value of the Sani/Ikos Group is valued at 2.3 billion euros. and Singapore’s sovereign wealth fund will invest almost if billion

As the minister explained, this investment shows confidence in Greek tourism and the fact that it will do better in the coming years, it means jobs, taxes for the state but also a signal to the international markets that very serious investors are betting on Greek tourism and the Greek economy

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Mr. Georgiadis also made it known that the bids for the Port of Alexandroupoli. As he noted, two schemes submitted bids, both of which have an American presence but also a significant domestic one. He stated that the files have not been opened yet but he estimated that we are going for a big price. He noted that the American presence in the schemes shows the huge interest of the US to invest in Greece

He also announced that last night the merger of ANEK was completed with “Attica Participations”. He noted that with this agreement ANEK is saved and a very strong company is created.

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