Chubb (CB) Capital Link Invest in Greece: Opportunities & Incentives for International Investors, summary

Opening remarks and context

• The webinar focused on promoting Greece as a prime destination for international investment, featuring both government officials and private sector leaders.

• Recent reforms have integrated Enterprise Greece under the Ministry of Foreign Affairs, aiming to streamline investment promotion and support.

• Greece has achieved record levels of investment and exports, with strong political stability and recognition for its improving business environment.

• The country is leveraging its traditional strengths in shipping, tourism, and agri-food, while also advancing innovation, energy, and logistics sectors.

• Digitalization and tax incentives have been implemented to facilitate investment processes and attract foreign capital.

State asset management and investment opportunities

• Strategic management of state assets aims to make public enterprises operate like private sector companies, increasing efficiency and value.

• Success stories include the transformation of major state-owned enterprises, such as the energy sector, with new legal frameworks enhancing flexibility.

• The new Greek sovereign fund, developed with BlackRock, will follow best-in-class governance and investment practices.

• There is growing interest from international investors, evidenced by multiple foreign bids for infrastructure concessions and stock market activity.

• The overall reform agenda is designed to mature state assets and attract strategic partners for further growth.

Investment incentives and support mechanisms

• Enterprise Greece acts as a one-stop shop for foreign investors, promoting exports and supporting investment projects.

• Key incentives include the Investment Incentives Law, fast-track procedures for strategic investments, and access to EU funding.

• The agency helps investors navigate regulatory complexities, administrative processes, and infrastructure challenges.

• Ongoing improvements in infrastructure and government responsiveness are aimed at reducing barriers and increasing investor confidence.

• Greece’s stable government and strong economic performance further reassure potential investors.