The African Social News Network and Opinion
– Thu Jan 12, 10:26 am ET
ATHENS, Greece (AP) – Greece's deputy prime minister says investors from the United Arab Emirates have shown interest in the debt-crippled country's massive state asset sale program, during a joint economic forum near Athens.
Theodore Pangalos said Thursday that potential investors are focusing on real estate deals, which are expected to account for about half of the euro50 billion ($63.7 billion) program. So far, Greece has only raised euro1.56 billion ($1.99 billion).
Pangalos said Greece planned to hold another economic forum this month with Qatar, which was involved in so-far fruitless talks to develop a large former airport site in southern Athens.
Assets up for sale this year will include gas, refinery and mining companies, land on the islands of Rhodes and Corfu, a northern highway, 39 airports and 12 harbors.
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