Unleashing the Arab-Hellenic Potential
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Contents Foreword by Dr. Mohammed At-Twaijri Assistant Secretary General for Economic Affairs, League of Arab States Foreword by H.E. Senator Na’el Raja Al Kabariti President, Union of Arab Chambers Foreword by Harris Geronikolas & Rashad Mabger President & Secretary General, Arab-Hellenic Chamber of Commerce and Development Profile of 5th Arab-Hellenic Economic Forum Profile of Arab-Hellenic Chamber of Commerce & Development Financial Indicators and Data from OECD Economic Survey on Greece, 2016 Profiles of Special Contributors and Supporters: Kuwait Chamber of Commerce and Industry Qatar Chamber Jordan Chamber of Commerce Chamber of Commerce, Industry and Agriculture of Tripoli and North Lebanon Strategic, Gold & Silver Sponsors’ Profiles Session 1: Maritime and Port Industries and Services: Greece, Egypt, Saudi Arabia and Lebanon. Opportunities & Potential for Growth and Cooperation The Suez Canal Economic Zone The Arab Academy for Science, Technology and Maritime Transport (AASTMT) Introduction to Aqaba Port, Jordan Moderator & Speakers’ Profiles Session 2: Construction, Building materials and Energy BIM and 5D Methodology, Consolidated Contractors Company (CCC) Archirodon Institute of Energy for South-East Europe (IENE) Eurosol Hellas Moderator & Speakers’ Profiles Session 3: Investment Opportunities in Real Estate & Tourism in Greece & the Arab World Greece: Investment Prospects 2016, Enterprise Greece Lebanon: A land for all seasons, Chamber of Commerce, Industry & Agriculture of Tripoli & North Lebanon Welcome to Jordan, Jordan Tourism Board MIDEAST Travel Worldwide Moderator & Speakers’ Profiles Session 4: Food Processing Industry: The Greek Experience & Potential for Collaboration with Arab Countries North Aegean Sea Canneries Moderator & Speakers’ Profiles Imprint
5 7 9 10 12 14 16 18 20 22 24
43 44 46 48 50 55 56 58 60 62 64 67 68 72 74 76 78
81 82 84 87
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Dr. Mohammed At-Twaijri
Unleashing the Arab-Hellenic Potential
Foreword
T
he Arab-Hellenic Chamber of Commerce & Development (AHCCD) in Athens, being one of the entities that work under the umbrella of the League of Arab States, is one of the most important Chambers working with The Arab countries. It works in conformity with the General Principles Governing Arab – Foreign Joint Chambers. It also falls under the auspices of the General Union of Arab Chambers, and the Arab Ambassadors Corp in Athens, Greece. It is one of the most effective and dynamic Arab - Foreign Joint Chambers. It constitutes a bridge between the Arab countries and Greek Business communities, as well as a catalyst for bilateral relations between the Arab countries and the Hellenic Republic, Since its inception, AHCCD endeavored to promote economic relations between the two parties. It has taken major steps in strengthening trade, business and exchange between the Arab countries and the Hellenic Republic. This partnership has proven to be effective in face of the economic challenges faced by Greece and the Arab countries. It played an important role in setting the goals that the two parties wish to achieve. AHCCD, is an outstanding platform for dialogue between the Arab countries and the Hellenic Republic. It is a forum for exchange of views and experiences. It is the only available gathering to conduct discussions in economics, investment, trade, finance, industry, and all issues of mutual interest. Its overall objective is to strengthen economic exchange, to encourage trade and investment, to create employment opportunities and realize sustainable development. It is an opportunity that allows both parties to voice their interests and reflect upon their concerns, as well as, initiate cooperation actions. This forum enables us to discover new dimensions for economic cooperation and to outline future plans for better coordination and cooperation. The AHCCD rally for preserving the outstanding position of the economies of the Arab countries and the Hellenic Republic in the world. Let me congratulate AHCCD for their accomplishments and success. I am sure that their determination to achieve prosperity and progress, and the strong purpose they uphold, is enough motivation for continuing their path towards fortifying economic relations between the Arab countries and the Hellenic Republic. I am certain they will continue to inspire other cooperation processes and will continue to invest in this hard work. Dr. Mohammed At-Twaijri Assistant Secretary General for Economic Affairs League of Arab States
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H.E. Senator Na’el Raja Al Kabariti
Foreword
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reece and the Arab countries have historically been enjoying excellent relations on all levels, whether political, economic, social or cultural. Over the past years, both partners have been witnessing remarkable growth in trade, investment and financial exchanges. Such a strategic economic partnership between Greece and the Arab region has been beneficial for their economies and people. The Arab-Hellenic Economic Forum represents the convenient and effective platform that gathers annually the private sector of the Arab countries and Greece, for the purpose of exchanging information, investment, commercial and trade opportunities, according to common interests and mutual benefits We have high hopes that this forum shall reach a stage where specific and mutual investment projects will be discussed between the Arab and Greece parties, knowing that the Union of Arab Chambers spares no effort to strengthen the cooperation between the Arab countries and Greece. The Forum which will be held under the title “Unleashing the ArabHellenic Potentials”, will gather very distinguished and renowned speakers on the various aspects of economic exchanges between Greece and Arab countries, and will discuss in depth the opportunities and challenges presented in various economic sectors such as Maritime and Port Industries and Services, Construction, Building Materials and Energy, Investment Opportunities in Real Estate and Tourism, and Food-Processing Industry. This in addition to key emerging sectors. The Union of Arab Chambers which comprises the chambers of commerce, industry and agriculture from twenty two Arab countries, and joint Arab-Foreign chambers, is very glad to partner with the Arab-Hellenic Chamber of Commerce and Development in this Forum. This Chamber has clearly demonstrated its ability and capability in promoting the Arab-Greek business relationship by bringing business communities closer together to better understand each other’s needs, and to establish the required synergies which are most likely to achieve the business objectives of the two parties and their respective economies. The Union of Arab Chambers together with its partner the Arab Hellenic Chamber of Commerce and Development invite and look forward to welcoming you to the 5th Arab-Hellenic Economic Forum in Athens, during 29-30 November 2016.
Na’el Raja Al Kabariti President Union of Arab Chambers 7
Harris Geronikolas
Rashad Mabger
Foreword
T
he Chamber has recently launched its initiative on “Transfer of Technology and Know-How to the Arab World” which was open to all Greek companies, members and non-members alike. The response received was overwhelming, as a surge of companies expressed their interest to either expand their businesses in a form of a joint venture, or provide turn-key projects to the interested Arab counterparts. The information and details of these companies have been published in an exclusive Directory and distributed, in both hard copy and electronic format, across the Arab world. This exercise along with the convening of the “5th Arab–Hellenic Economic Forum” in Athens on November 29-30, are in alignment with our continuous efforts to enhance Arab-Greek cooperation on every business level. In this year’s Forum, we have focused on Shipping and Port Industries and its potential and opportunities in Greece and the Arab world. We believe that the Arab countries can benefit by Greece’s expertise and its experience acquired by holding a leading role in Shipping and Port Industries, particularly now, when some Arab countries have been making positive strides in this direction. We, therefore, strongly believe that both sides can explore areas of common interest and embark on a new path of close cooperation and partnership. It is worth mentioning that the Greek companies have successfully managed to establish their competitive edge in most of the Arab markets. This has been achieved, in our opinion, owing to several factors, the most important being that Greek business leaders have been approaching the Arab market with a positive attitude and ensured that they have been providing quality products at reasonable prices. We can only hope that this trend will continue and this Forum will not only provide another platform for further enhancement of both sides’ relations, but will also contribute to the creation of new partnerships. We would like to thank the League of Arab States, the Greek Ministry of Foreign Affairs, the Ministry of Economy and Development and the Union of Arab Chambers for their auspices of this Forum. We have also been honored and privileged as a Chamber by a forward support and contributions extended to this Forum, by Kuwait Chamber of Commerce and Industry, Qatar Chamber of Commerce, Jordan Chamber of Commerce and Chamber of Commerce, Industry & Agriculture of Tripoli & North Lebanon, to which we would like to express our outmost gratitude. Our special thanks and gratitude go also to all the companies that provide continuous support and to all those that presented to this Forum generous contributions.
Harris Geronikolas President, AHCCD
Rashad Mabger Secretary Genelal, AHCCD 9
Under the Auspices:
Special Contribution & Support:
Jordan Chamber of Commerce
General Outlook: The “5th Arab-Hellenic Economic Forum” is convened at Divani Caravel Hotel of Athens, on 29-30 November 2016, under the title “Unleashing the Arab-Hellenic potential”. Greece and the Arab World possess a wealth of human and natural resources and an abundance of business possibilities. The potential to elevate the trade balance and to increase the level of investments between the two sides is enormous. The Forum’s topics are in areas that reflect Greece’s positive strides which, coupled with the Chamber’s latest initiative in the issue of “Transfer of Technology and Know-How to the Arab World”, will constitute the basis of discussion and networking, with the aim of reaching fruitful and practical results. Level of Participation: Ministers and Government Officials, Presidents of Arab Federations and Chambers of Commerce. Member-Companies of the Arab-Hellenic Chamber, Greek and Arab business leaders. Strategic Focal Points: 1. Maritime and Port Industries and Services: Greece, Egypt, Saudi Arabia and Lebanon. Opportunities and Potential for Growth and Cooperation 2. Construction, Building Materials and Energy 3. Investment Opportunities in Real Estate and Tourism 4. Food-Processing Industry Speakers: Ministers and high level CEO’s and Executives from Greece and the Arab World Working Languages: Arabic and Greek (simultaneous interpreting)
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Program: Tuesday, 29 November, 2016 08:30 - 09:30 Registration of participants 09:30 – 10:00 Opening speeches 10:00 – 12:30 1st Session: Maritime and Port Industries and Services: Greece, Egypt, Saudi Arabia and Lebanon. Opportunities & Potential for Growth and Cooperation 12:30 – 13:00 Coffee Break and Networking 13:00 – 14:15 2nd Session: Construction, Building Materials and Energy 14:15 – 15:00 Light Lunch and Networking 15:00 – 16:00 3rd Session: Investment Opportunities in Real Estate and Tourism in Greece and the Arab World 16:00 – 17:00 4th Session: Food-Processing Industry: The Greek Experience and Potential for Collaboration with Arab Companies 17:00 – 17:30 End of Forum’s sessions Official Dinner 20:30 Arrival and registration of guests 21:00 Dinner Wednesday, 30 November, 2016 09:30 – 12:30 B2B meetings in all business sectors and simultaneous negotiations between Greek and Arab companies on the issue of transfer of technology and know-how. Media Coverage: Greek official TV, Arab media (Al-Ahram and Al-Sharq Al-Awsat) and reporters of satellite TV channels operating in Greece. Forum’s Publications (in English language): • Forum’s Main Brochure • Special Directory of Greek companies which expressed interest in the “Transfer of Technology & Know How to the Arab World” • Special Edition of the Members’ Activities Newsletter Organized by: Arab-Hellenic Chamber of Commerce and Development For more information, please contact the Arab-Hellenic Chamber: Telephone: +30 210 6711 210/ +30 210 6726 882 • Fax: +30 210 6746 577 E-mail: chamber@arabgreekchamber.gr • Website: www.arabhellenicchamber.gr
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The Chamber The Arab-Hellenic Chamber of Commerce & Development is a non-profit organization established by Greek Law No. 990, on December 1st, 1979, followed by Presidential Decree No. 421 of April 1981, and operates under the umbrella of the Ministry of Economy, Development and Tourism, in coordination with the Union of Arab Chambers, in cooperation with the Council of Arab Ambassadors accredited to Greece and with all the Arab Federations and Chambers of Commerce. Its Head Office is located in Athens, Greece. The scope of its business activities covers Greece and the whole of the Arab world.
Objective The objective of the Chamber is to develop and promote economic and trade relations between Greeks and Arabs in all business sectors, mainly Construction, Industry, Agriculture, Energy, Technology, Tourism and Education.
Primary Goals The Arab-Hellenic Chamber works towards developing new Joint Ventures and partnerships between the two sides and encouraging the flow of investments between Greece and the Arab World. It also works alongside Federations and Chambers of Commerce towards elevating the trade balance between Greeks and Arabs. Based on its contacts, information database and networking expertise, the Chamber works towards assisting in bringing the Greek and Arab business communities together, through exchange of information, experience and know-how.
Activities Organizing well-planned B2B meetings between Greek and Arab businessmen, activities which are complimented with the publication of informative brochures for each delegation involved. Holding and co-organizing business events, Forums, Conferences, Fairs, Exhibitions and Workshops in Greece and in the Arab world. Publishing trade bulletins, reports, statistical data and related economic and trade activities between Greece and the Arab world. Providing update information to Greek and Arab businesses on the existing business opportunities from both sides through the publication of regular bulletins. Hosting and participating in related cultural activities and cross-cultural workshops.
Services Publishing periodical reports and bulletins in English, Greek and Arabic on the latest business opportunities and news. Attending to the members’ requests for updated data, contacts and information about conducting business in Greece and the Arab world. Checking and reviewing trade certificates, export documentation to the Arab world as well as undertaking the translation of related trade documents. The Arab-Hellenic Chamber of Commerce and Development is proud of its long-standing relationship with its member-companies and it shall continue to present activities, events and services of the highest standards and to be supportive of the business communities in the Arab world and Greece.
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Financial Indicators and Data from OECD Economic Survey on Greece, 2016
EXECUTIVE EXECUTIVE SUMMARY SUMMARY EXECUTIVE SUMMARY EXECUTIVE SUMMARY
The economy gradually recovering from a deep recession buthigh high socialsocial costs persist The economy isisgradually recovering from a deep recession but social high costs persist The economy is gradually recovering from a deep recession but costs persist EXECUTIVE SUMMARY
Following deep andprolonged prolonged depression, Real GDP and unemployment The economy is gradually recovering recession but social costs persist Following a adeep ahigh and deep and prolonged depression, depression, Real Real GDP GDP andand unemployment unemployment raterate ratefrom a deepFollowing
during which realGDP GDP fell byfell 26%, the economy is Index 2009 = 100 during during which which real realfell GDP by 26%, by the 26%, economy the economy is is Index Index 2009rate =2009 100 = 100 Following a but deep and prolonged depression, Real GDP and unemployment 110from a deep is gradually recovering recession high social costs persist projected to grow again in the course of 2016 110 110 projected projected to grow to GDP grow again in course the course of 2016 during which real fellagain by the 26%,in the economy is of 2016 Index 2009 = 100 and Following 2017, butaadeep full and recovery will depression, take time. % 25 100 prolonged 30Real GDP and unemployment rate110 25 25 and 2017, and 2017, but a but fullagain arecovery fullin recovery take will take time. projected to grow thewill course oftime. 2016 100 100 Competitiveness has fell improved markedly, but 20 during which real GDP by 26%,will the economy is Index 2009 90 = 100 25 andCompetitiveness 2017, but a has full recovery take time. Competitiveness improved has improved markedly, markedly, but but 20 20 100 % 30 110 exports and investment remain weak. The 90 90 15 projected to grow again in the course of 2016 Competitiveness has improved markedly, but exports exports and investment and investment remain remain weak. weak. The The 15 15 20 80 unemployment 25%, is still high despite a 90 25 and 2017,and butinvestment arate, fullatrecovery will take time. 10 exports weak. The 80 100 80 15 unemployment unemployment rate,since atrate, 25%, atisremain 25%, stilldepression high is still despite high despite a a moderate decline 2013. The has 10 10 20 Competitiveness has improved markedly, but 70 Unemployment rate 80 5 unemployment rate, at2013. 25%, is stilldepression high despite a 90 moderate moderate decline decline since since The 2013. The depression has has 10 pushed many people into poverty and income Real GDP 70 70 Unemployment Unemployment rate rate exports and investment remain weak. The 5 5 15 moderate decline since 2013. The depression has income 60 0 70 Unemployment rate pushed pushed many many people people into poverty into poverty anddespite income and Real Real GDP GDP 5 2005 2010 2015 inequality has increased. Tax and benefit reforms 80 unemployment rate, at 25%, is still high a 60 60 0 0 10 pushed many people into poverty and income Real GDP 20052005 2010 2010 2015 2015 inequality inequality has increased. has increased. Tax Tax benefit and benefit reforms have materially improved theand budget position, but reforms 60 0 moderate decline since 2013. The depression has 70 Unemployment rate 98 database. 2005 2010 2015 inequality has increased. Tax and benefit reforms Source: 5Updated OECD Economic Outlook the burden of improved adjustment has been uneven and have materially have materially improved the budget the budget position, position, but but pushed many people into income Real GDP have materially improved thepoverty budget and position, but 1 2 http://dx.doi.org/10.1787/888933337481 0 OECD Source: Source: Updated Updated OECD Economic Economic Outlook Outlook 98 database. 98 database. 60 public debt is still very high. The banking sector theinequality burden the burden of adjustment of adjustment hasand been has uneven been uneven and and 2005Economic Outlook 2010 98 database. 2015 has increased. Tax benefit reforms Source: Updated OECD the burden of adjustment has been uneven and 1 1 2 2 http://dx.doi.org/10.1787/888933337481 http://dx.doi.org/10.1787/888933337481 has recently been recapitalised, butbanking credit have materially improved the The budget position, but sector public public debt debt isvery still high. very high. banking The sector 1 2 http://dx.doi.org/10.1787/888933337481 public debtis isstill still very high. The banking sector Source: Updated OECD Economic Outlook 98 database. creation remains weak due to the high burden of the burden of adjustment has been uneven and has recently has recently been been recapitalised, recapitalised, but credit but has recently been recapitalised, but credit credit 1 2 http://dx.doi.org/10.1787/888933337481 non-performing loans on banks’ balance sheets, public debt is still very high. The banking sector creation creation remains remains weak weak the to the burden high of burden of of creation remains weakdue dueto todue the high high burden and reduced demand for loans. has recently been butbalance credit sheets, non-performing non-performing loans loans on on banks’ balance sheets, non-performing loansrecapitalised, onbanks’ banks’ balance sheets, creation remains weak due to the high burden of and reduced demand for loans. and reduced and reduced demand demand for loans. for loans. Significant structural reforms have been legislated, but their mix and implementation 30 The % % 30 30 economy %
non-performing loans on banks’ balance sheets,
were uneven and but reduced demand for loans. Significant structural reforms have been legislated, buttheir their mixand and implementation Significant Significant structural structural reforms reforms have have been been legislated, legislated, but their mix mix implementation and implementation Greece has implemented significant labour Product market regulation index were uneven were were uneven uneven Significant reforms have been legislated, but their mix and implementation (0-6structural from least to most restrictive) market reforms, but progress has been less on Greece has implemented significant labour Product market regulation index Greece has implemented significant Greece has implemented labour labour were uneven Product market regulation index Product market regulation index reducing oligopoly power, the significant regulatory burden 2.5
(0-6 from least to most restrictive)
2.0 2.5
(0-6 from least to most restrictive)
market reforms, but progress has been less on
reforms, but progress hasless been market reforms, but progress has been onless on andmarket weaknesses in the public administration, due Greece has implemented significant labour reducing oligopoly power, the regulatory burden to administrative capacity constraints, little reducing oligopoly power, the regulatory reducing oligopoly power, the regulatory burden market reforms,inbut has been lessdue on burden and weaknesses theprogress public administration, ownership of past reform programmes and vested and weaknesses and weaknesses in the in public the public administration, administration, due due reducing oligopoly power, the regulatory burden to administrative capacity constraints, little interests. The depressed economy, lack of bank weaknesses the public administration, due little to and administrative to administrative capacity capacity constraints, constraints, little ownership of pastinreform programmes and vested finance and remaining structural impediments to administrative capacity constraints, little ownership ownership of past ofreform past reform programmes programmes andofvested and vested interests. The depressed economy, lack bank are holdingofback the modernisation ofand thevested Greek ownership past reform programmes interests. interests. The depressed The depressed economy, economy, lack of lack bankof bank finance and remaining structural impediments economy. The depressed economy, lack of bank interests. finance and remaining and the remaining structural structural impediments arefinance holding back modernisation of the impediments Greek finance and remaining structural impediments areeconomy. holding are holding back the back modernisation the modernisation of the Greek of the Greek are holding back the modernisation of the Greek economy. economy.
(0-6 from least to regulation most restrictive) (0-6 from least to most restrictive) 2013 Product market index
2.5 2.5 2.0 2.0 1.5 1.5
1.5 2.0 2.5
2008 2013
20132013 2008 20082008 2013 2008
1.0 1.5 2.0 0.5 1.0 1.5
1.0 1.0 0.0 0.5 1.0
PRT
IRL ESP
0.5 0.5
GRC OECD average
0.0 0.5 PRT IRL GRC Source: OECD (2013), Product Market OECD Regulation Database. ESP average
0.0 0.0
PRT IRL PRT GRC GRC 2IRL http://dx.doi.org/10.1787/888933337491 0.0 1 IRL OECD GRC average ESP ESP OECD average Source: OECDPRT (2013), Product Market Regulation Database. ESP
economy.
OECD average
1 2 http://dx.doi.org/10.1787/888933337491
Source: Source: OECD OECD (2013), (2013), Product Product Market Market Regulation Regulation Database. Database. Stronger exports Source: OECD (2013), Product and Market investment Regulation Database.are
a key to sustained recovery
1 1 2 2 http://dx.doi.org/10.1787/888933337491 http://dx.doi.org/10.1787/888933337491 1 2 http://dx.doi.org/10.1787/888933337491
R e m a i n i recovery ng structural barriers and Export performance and relativeare a key to sustained Stronger exports and investment
unit labour costs
administrative burdens raise costs of exporting.
Rsustained e m a i nrecovery i recovery n g srecovery tructural barriers and Export performance and relative Stronger and investment are key to Stronger and investment areare a key toto sustained Stronger and investment aa key sustained Index exports 2001exports =exports 100 Greece’s integration in global value chains is low
unit labour costs
140
Export performance relative Export performance and relative Export performance andand relative Index 2001 = 100 120 unit labour costs 140 unit unit labour labour costs costs Index = 100 Index Index 2001 2001 = 2001 100 = 100 100 120 140140 140
120120 100100 80 80
80 100 120 60 80 100 40 60 80
Exports perfomance indicator Unit Labor cost competitiveness indicator indicator 2002 Exports 2004 perfomance 2006 2008 2010 2012 2014 Unit Labor cost competitiveness indicator
40 60 Exports perfomance indicator 2002 OECD 2004Economic 2006 2008 2010 2012 2014 Source: Updated Outlook 98 database. 60 60 Unit Labor cost competitiveness Exports Exports perfomance perfomance indicator indicator indicator 2 http://dx.doi.org/10.1787/888933337505 40 1 Unit Labor Unit 2004 Labor cost competitiveness cost indicator indicator 2002 2006competitiveness 2008 2010 2012 2014 Source: Updated OECD Economic Outlook 98 database.
40 40
Source: Updated OECD Economic Outlook 98 database.
1010 2 2
sectors reduces trade both and goods and services. sectors reduces trade in bothingoods services.
20022002 20042004 2006 2006 2008 2008 2010 2010 2012 2012 2014 2014 1 2 http://dx.doi.org/10.1787/888933337505
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OECD ECONOMIC SURVEYS: GREECE © OECD 2016
1021 1 2 2 http://dx.doi.org/10.1787/888933337505 http://dx.doi.org/10.1787/888933337505
OECD ECONOMIC SURVEYS: GREECE © OECD 2016 © OECD 2016
102
© OECD 2016 OECD ECONOMIC SURVEYS: GREECE © OECD 2016
1 2 http://dx.doi.org/10.1787/888933337505 Source: Source: Updated Updated OECD OECD Economic Economic Outlook Outlook 98 database. 98 database.
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administrative burdens raise costs of exporting. due insufficient investment human em n cs gruucglobal turrru r raaand inneddr s a n d R eRto m aRintegration iaenim i nian gignsi stnrtin ttu aavalue lcl t u bbin araa rchains rl i ebr sa is Greece’s low knowledge-based capital, low inward FDI, the administrative burdens raise costs of exporting. administrative burdens raise costs of exporting. administrative burdens raise costs of exporting. due to insufficient investment in human and small size of enterprises and value the manufacturing Greece’s integration global chains is Greece’s integration inlow global value chains Greece’s integration ininglobal value chains is low low is low knowledge-based capital, inward FDI, the s e c t to o r insufficient a n d we a k iinvestment n f ra s t r u c t u re. N e t wo rk due in human and due to due insufficient to ofinsufficient investment investment human in human and and small size enterprises and thein manufacturing industries have been liberalised but the still knowledge-based capital, low inward FDI, the s e cknowledge-based t o r a n d we acapital, k i n f ra slow t r u cinward t ulow re. N e t wothe r kFDI, the capital, inward knowledge-based FDI, restrictive of the energy and transport small size regulation ofhave enterprises and the manufacturing industries liberalised but the still small of been enterprises and theservices. manufacturing small size ofsize enterprises and goods the manufacturing sectors inf ra both and srestrictive e c t o r reduces a nregulation d wetrade a k i of n s t r u c t u re. N e t wo r k the energy and transport a na dk we k si tnrfura r u cN t uere. s e c t osre catnodr we i na f ra c tsutre. t woN r ke t wo r k industries havetrade been liberalised but services. the still sectors reduces inliberalised both goods and industries have been liberalised but industries have been but the still restrictive regulation of the energy and transportthe still restrictive regulation of the energy and transport restrictive regulation energy and sectors reduces tradeofinthe both goods and transport services.
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OECD ECONOMIC GREECE © OECD 2016 OECD ECONOMIC SURVEYS: SURVEYS: GREECE © OECD 2016
© OECD 2016
© OECD © 2016 OECD 2016
EXECUTIVE SUMMARY
Main findings and key recommendations Top priorities Sustainable economic growth is needed for reducing poverty, creating jobs, and ensuring fiscal sustainability. The prolonged economic depression has taken a big toll in terms of poverty and employment.
Adopt key structural reforms to boost growth and enhance administrative capacity to improve overall reform implementation. Make economic growth more inclusive by urgently adopting policies to reduce poverty and inequality and boost employment in the short run.
OTHER RECOMMENDATIONS Strengthening fiscal policy and financial stability Tax evasion is pervasive and reduces revenues Broaden the tax base and strengthen the tax needed to support social policies and increase administration by giving it more autonomy fairness. and freeing its resources for audits and enforcement. Ensure that the conditions for gross financing needs for public debt are placed at sustainable levels by continuing to credibly implement the Weak growth and bank recapitalisation needs ESM reform program, and thus, if necessary, have pushed-up the already high public debt. facilitate reaching an agreement on additional measures with creditors, such as, for example, extended grace and repayment periods Continue improving the bankruptcy framework to speed-up resolution of non-performing loans.
Very high non-performing loans are holding Introduce effective incentives and performance back credit. targets for banks to monitor their progress in reducing non-performing loans. Making growth more inclusive
Undertake an expenditure review to create fiscal space for providing a comprehensive social safety net and expanding active labour The social cost of the crisis has been severe, market policies. child poverty has increased and housing costs Implement the guaranteed minimum income, are a burden for many. and introduce a targeted school meal program and a housing assistance program targeted at the poor. Unemployment, especially among the young, Speed up the modernisation of the public is very high and most unemployed remain employment service (OAED). without a job for a long period of time. The pension system remains expensive, unfair Conclude the reform of the pension system and complex. including a review of special regimes and introducing a basic pension in a fiscally sustainable way. Structural reforms to raise growth and exports Inefficiencies in network industries affect Ease regulations in network industries and competitiveness. strengthen the capacity and independence of regulatory agencies. Regulatory burden holds back growth and Implement the 2012 Better Regulation Law. exports. Exports are a key to raising growth and incomes. Fully operationalise the national single window for exports. Contract enforcement is time consuming and Reduce delays and backload of cases in the costly. judiciary by using more e-justice tools, training judges, expanding out-of-court settlements, model cases and specialized competition courts. OECD (2016), «Executive summary», in OECD Economic Surveys: Greece 2016, OECD Publishing, Paris, DOI: http://dx.doi.org/10.1787/eco_surveys-grc-2016-3-en
OECD ECONOMIC SURVEYS: GREECE © OECD 2016
© OECD 2016
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Kuwait Chamber of Commerce and Industry (KCCI) is a not-for-profit, self-financed non-government organization with over 39,500 registered active Members.
ROLE: In addition to running regular operations and rendering member services, a major role of KCCI is to build up and reinforce bridges of communication between the Private Sector and the Kuwaiti economic administration by offering consultations, submitting proposals, voicing concerns of businesses, identifying their areas of interest and conveying their legitimate demands. Another role, as important, is to build
up and reinforce bridges of cooperation between Kuwaiti businesses and their counterpart business partners worldwide, with a view to establish and promote mutual business relations, attract direct foreign investments, as well as marketing the Kuwaiti economy and Kuwaiti products both regionally and internationally. In its capacity as representative of the Private sector, KCCI plays supportive role for the business community at large both locally and internationally.
B
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c area, it advocates In the domestic for andarea, it OARD advocates for and COMMITTEES: OARD COMMITTEES: r role ofpromotes the morea dynamic bigger role of the more dynamic 1- Chamber’s Bureau which1-acts Chamber’s as a “Steering Bureau which acts as a “Steering through private the much-needed sector through the much-needed Committee” cation away economic from thediversification dominant awayCommittee” from the dominant lled oil sector. government-controlled In its consultative oil sector. In its consultative 2- Membership & Registration 2- Membership & Registration an active capacity, role by championing it plays an active role by championing 3- Industry & Labor 3- Industry & Labor ws that encourage and endorsing and create laws that encourage and create 4- Trade & Transport vironment.market-friendly environment.4- Trade & Transport Mr. Ali Mohammed Thunayan Al-Ghanim
5- Finance & Investment 5- Finance & Investment Chairman tional front, On KCCI the leads international and/ front, KCCI leads and/ Kuwaiti commercial/economic or participates in Kuwaiti 6commercial/economic Public Projects & Housing6- Public Projects & Housing In the domestic area, it advocates for and eign countries, delegations and to receives foreign countries, and receives BOARD COMMITTEES: promotes a bigger role of Kuwait the more ENTERS: ENTERS: s visitingforeign Kuwaitdelegations as well. Itvisiting as dynamic well. It 1- Chamber’s Bureau which acts as a “Steering privateandsector through the and much-needed rs/co-sponsors organizes, takes sponsors/co-sponsors part part 1- Abdulaziztakes Hamad AlSagar1-Development Abdulaziz Hamad Center.AlSagar Development Center. Committee” economic diversification away from the dominant ences, forums, in various seminars conferences, and forums, seminars and 2- Kuwait 2Center Commercial Arbitration Center government-controlled oil sector. In its Commercial consultative Arbitration 2- Kuwait Membership & Registration side as well other as functions inside Kuwait. outside as well as inside Kuwait. capacity, it plays an active3-role by championing Business Center 33- Business Industry &Center Labor
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endorsing laws that encourage and create BandOARD OF DIRECTORS: Trade & Transport market-friendly environment. I4-NTERNATIONAL MEMBERSHIP / REGIONAL MEMBERSHIP Directors isKCCI constituted Board of 24 DirectorsINTERNATIONAL is constituted of/ REGIONAL 24
TORS:
5- Finance(ICC) & Investment On Assembly theelected international front, KCCI leads and/ by the General Members forby4the General Assembly for 4 of Commerce > International Chamber > International Chamber of Commerce (ICC) or participates in Kuwaiti commercial/economic 6- Public Projects & Housing the Boardyears and to its serve committees on the Board and its committees > World Chambers Federation > World (WCF)Chambers Federation (WCF) delegations to foreignBoard countries, andrepresent receives ers. Board as Members (unpaid) volunteers. represent Members ENTERS: foreign delegations visiting> Union Kuwaitof Arab as well. It Chambers (UAC) >C Union of Arab Chambers (UAC) f the business various community segmentsinofthe the business community in the organizes, sponsors/co-sponsors and takes part 1- AbdulazizChamber Hamad &AlSagar Development Center. addition toPrivate their participation Sector. In addition in to> their participation Islamic Chamberinof Commerce, > Islamic Industry of Commerce, Industry & in various conferences, forums, seminars and ngs, their the skills fulland Board experiences meetings, their skills and experiences 2-Agriculture Kuwait Commercial (ICCIA) (ICCIA) Arbitration Center other functions outside as wellAgriculture as inside Kuwait. rough their areparticipation also utilizedinthrough the their participation in the 3- Business > Federation of GCC Chambers > Federation (FGCCC)Center of GCC Chambers (FGCCC) Bmembership OARD Committees, OF DIRECTORS: es, with various based with membership based NTERNATIONAL / REGIONAL MEMBERSHIP > Many Joint Arab-Foreign >IChambers Many Joint in Arab-Foreign various Chambers in various e businessonfields, their respective professional business professional KCCI Board of Directors isfields, constituted of 24
education.backgrounds and education. Members elected by the General for 4 parts Assembly of the world
> parts International Chamber of Commerce (ICC) of the world
years to serve on the Board and its committees > World Chambers Federation (WCF) as (unpaid) volunteers. Board Members represent > Union of Arab Chambers (UAC) various segments of the business community in the Private Sector. In addition to their participation in > Islamic Chamber of Commerce, Industry & the full Board meetings, their skills and experiences Agriculture (ICCIA) are alsoDir.: utilized through their participation the235 55 / (965) 224 236 66 (965) 224 235 55 / (965) 224 Dir.:236 (965) 66in224 > Federation of GCC Chambers (FGCCC) various Committees, based Operator: (965)180 with 55 80 membership - (965) Operator: 223 000(965)180 00 55 80 - (965) 223 000 00 kcci@kcci.org.kw kcci@kcci.org.kw > Many Joint Arab-Foreign Chambers in various on their respective business fields, professional www.kuwaitchamber.org.kw backgrounds www.kuwaitchamber.org.kw and education. parts of the world
Qatar Chamber
H.E Sheikh Khalifa Bin Jassem Bin Mohammed Al Thani Chairman
Qatar Chamber is one of the oldest Chambers of Commerce in the GCC Countries. Having been established in 1963 by virtue of Law No (4) of the year 1963 dated on 16/2/1963, since then it is consider “House of Traders” in Qatar.
The Chamber’s Competences
1- Collect, arrange and publish information and statistics of importance to everyone working in the field of commerce, industry and agriculture; provide the government with required data, information and opinions related to commercial, industrial and agricultural issues and disclose the commercial and industrial customs. 2- Express opinion – in an advisory capacity – with respect to the establishment of stock exchanges; commercial, industrial and agricultural markets and fairs as well as to the granting of franchising related to public utilities. 3- Provide ministries and competent authorities with proposals and opinions concerning the Laws and regulations relating to the commerce, industry and agriculture. 4- Designate experts from among the commerce, industry or agriculture masters to study and consider the commercial, industrial or agricultural issues, to examine the disputed goods and to ratify the experts’ testimonies in this regard. 5- Organize and establish permanent commercial, industrial and agricultural fairs, museums, souks (markets), schools and institutes as well as other facilities concerned with the industry, commerce and agriculture within the laws and regulations in force. The government shall be entitled to entrust the chamber with the management of its facilities and institutes. 6- Hold economic conferences in Qatar and participate in those held
18
Mr. Rashed Bin Nasser Al Kaabi Board Member
Mr. Saleh bin Hamad Al Sharqi Director General
abroad after obtaining a written authorization from the Minister of Finance, Economy and Trade. 7- Issue certificates showing the source of goods, the nationality of exporters and the prices in addition to all certificates allowed by the Minister of Finance, Economy and Trade. 8- Arbitrate in disputes referred to it according to the stakeholders’ agreement. 9- Adopt data and documents of individuals and commercial companies when applying for the commercial registration, renewing or amending it.
Our Services
1- Issuance of certificates of origin for national and foreign products. 2- Providing all commercial data, especially name and address lists of QCCI members working in different economic fields. 3- Organizing, in cooperation with government agencies, business and economic meetings and events, arranging local conferences and forums focused on specified topics of interest for Qatar business community and QCCI members. 4- Receiving business delegations, arranging bookings, and interviews, and other necessary arrangements . 5- Organizing trade exhibitions and arranged missions to overseas markets. 6- Settling commercial disputes between business entities by means of reconciliation or by referring the disputes to QCCI’s Arbitration Committee.
Website: qatarchamber.com
19
Jordan Chamber of Commerce
Jordan Chamber of Commerce is a nonprofit institution that serves its members in all economic, commercial and service sectors. The main task of the Chamber is summarized in providing an umbrella for the activities of sixteen national chambers of commerce and ten major commercial sectors across the cities of the Hashemite Kingdom of Jordan. Jordan Chamber of Commerce sought aspiration from the royal directions of the homeland leader HM King Abdullah II, who is utterly keen to promote the drive of the economic growth, invigorate all economic activities and sectors, raise the level of citizen livelihood, attain renaissance in all fields for Jordan to become an example to follow, and to position the Kingdom of the world investment map and integrate the national economy into the world economy. Major activities of the Jordan Chamber of Commerce include achieving the interests of the business community, providing of information and consultancy to the members, building up the economic development, providing of economic and market condition statistics, encouraging foreign investments and facilitating international trade. Main objectives of the Jordan Chamber of Commerce include: ● Participating with the public bodies in drawing up policies related to trade and service sectors, including information technology and communications, and participating in developing strategies and plans necessary for implementation thereof; ● Participating in the efforts of development and promotion of trade and service, including small and medium sized enterprises ● Participating, along with relevant authorities, in organizing economic and commercial conferences at local, Arabic and international levels; ● Conducting, publishing, and updating economic studies and research in relation to trade and services.
citizen livelihood, attain renaissance in all fields for Jordan to become an example to follow, and to position the Kingdom in the world investment map and integrate the national economy into the world economy�
environment, and developing an attractive investment climate� Major activities of the Jordan Chamber of Commerce include: • Achieving the interests of the business community� • Providing of information and consultancy to the members� • Building up the economic development • Providing of economic and market condition statistics� • Encouraging foreign investments and facilitating international trade� Main objectives of the Jordan Chamber of Commerce include: • Participating with the public bodies in drawing up policies related to trade and participating in developing strategies and plans necessary for implementation thereof; • Participating in the efforts of development and promotion of trade and service, including small and medium sized enterprises; • Promoting cooperation between the Jordanian Chambers of Commerce on the one hand, and the Arab and Foreign Chambers and Associations of Commerce, on the other hand; • Supporting and consolidating the capabilities of the National Chambers of Commerce and coordinating their efforts; • Participating, along with relevant authorities, in organizing economic and commercial conferences at Local, Arabic and International levels; • Conducting, publishing, and updating economic studies and research in relation to trade and services�
8
The Chamber carries on its activities at a fast- pace with a view to promote the commercial sector activity at local and external forum_katalogos_1-60.indd 8 levels through the join ministerial and higher committee. It has also participated in many local, Arab and international economic and commercial forums, conferences and symposia. It further continued to assume its role in supporting the organization of economic gatherings and forums within Jordan and abroad which it deems to be in the interest of the Jordanian economic and a potential to attract foreign investments.
5/28/2015 9:3
The Chamber has also received many of Arab and international economic and commercial delegations; played a major role in holding symposia, workshops, training session and bilateral meetings for those visiting delegations, all of which created opportunities to introduce the members of the delegations to the atmospheres of investments and available potentials in the Kingdom, as well as to familiarize them with the laws, legislations, regulations and instructions regulating the investment, and the economic and commercial activity within the Kingdom. The Chamber has also contributed to holding bilateral meetings between the members of the Arab and foreign visiting delegations and Jordanian businessmen, entrepreneurs, investors and company owner’s counterparts. At the same time, the Jordan Chamber of Commerce had signed several protocols and agreements on cooperation with the Arab and foreign chambers of commerce and industry; it had also signed several agreements on creation of joint business councils with those states, and held several meetings for such councils within Jordan and abroad. Proceeding to Jordan presidency for the Union of Arab Chamber, we are counting to work hard in consolidating and developing the ArabForeign relations.
Website: jocc.org.jo
21
President Mr. Toufic Dabboussi
Chamber of Commerce, Industry and Agriculture of Tripoli and North Lebanon Role, Functions, Services The Chamber of Commerce, Industry and Agriculture of Tripoli and North Lebanon is a public utility institution, a member in the Lebanese Federation of Chambers of Commerce, was established based on the Decree No. 36/67 deals with all Economic Affairs and sponsors the interests of companies and businessmen whether in trade, industry, or agriculture. It plays a leading role in the Lebanese national economy through lobbying the highest interests of the private sector. It has about 20,000 affiliates who renew membership at a rate of 7,000 annually. It carries out all the tasks entrusted to it and procedures specified under regulations and applicable laws: 1. Tends to commercial, industrial and agricultural interests. 2. Provides advisory opinions to relevant authorities. 3. Ratification export documents, certificates of origin, invoices transactions, commercial register and correct dates. 4. Raises memos and studies on the situation and the demands of economic sectors in the scope of work to officials and ministries concerned. 5. Issues members’ verification of commercial, industrial, and agricultural representation and category. 6. Grants Registration certificates to the Barcode Lebanese Association 7. Facilitates members affairs through: ● Preparing recommendation letters to embassies, ● Free and immediate ratification by the Ministry of Foreign Affairs on certificates of origin, invoices
22
The President of Tripoli Chamber of Commerce, Industry & Agriculture of Tripoli & North Lebanon, Mr. Toufic Dabboussi, with the President of the Union of Arab Chambers, Mr. Na’el Raja Al Kabariti
President Dabboussi with the Governor of the Central Bank of Lebanon, Mr. Riyad Salameh and the Head of Fransabank, Mr. Adnan Kassar
● Members benefit from health programs through the Mutual Fund for members of the Chambers of Commerce and Industry and Agriculture in Lebanon What is worth pointing out that the Chamber of Commerce, Industry and Agriculture of Tripoli and North Lebanon recorded growth and exceeded the traditional services that were previously limited to ratification of certificates of origin and transactions and offers now a wide spectrum of quality services to economic bodies with all their components to strengthen their activities ,to develop their projects and to cope with the challenges of economic development in the modern world to be able to face the fierce competition posed by the economic globalization systems... So if you are an individual, a company owner, a factory, a cooperative, a small or a medium-sized enterprise, the Chamber is fully prepared to help you reach your goals in developing your business projects and assures continuity starting from legal establishment and registration in order to take advantage of: ● Mutual Fund ● Business Development Center ● Projects and programs department ● Media communication and Public Relations ● Chamber office in Akkar ● Business Service Centre ● Laboratories and Quality Control Center ● Reconciliation and Arbitration Center ● Bar Coding ● Conference and exhibition venues
Website: cciat.org.lb/en
President Dabbousi with the Syndicate of Contractors of Lebanon
President Dabbousi with the President of the Federation of Iraqi Chambers, Mr. Jaafar Rasool Al-Hamadani with delegates visiting Tripoli Chamber’s premises
23
BB Energy (BBE) is among the world’s leading independent energy trading companies, with consolidated experience in trading, operations, chartering, logistics, storage, refining and financing. With approximately 17 million metric tonnes (MT) of physical crude oil and petroleum products traded in 2015, BBE is one of the most active gasoil, gasoline, fuel oil and bitumen traders in the Mediterranean, Middle East and North Africa. We continue to benefit from strong knowledge of the markets where we operate. This, combined with our logistics expertise and commitment to Middle Eastern values, allows us to meet our clients’ needs with reliable and innovative solutions. We are now capitalising on our hardearned expertise and long-standing commercial relationships by entering new markets and expanding certain business lines. Our portfolio of global trading flows continues to expand.
OUR HISTORY We began our commodities business in Lebanon in 1937, starting out as a grain and asphalt trading company. In 1963 we started commercialising oil in Lebanon. At first, we were primarily involved in the local marketing of oil products and the importation of bitumen. Six years later however, during 1969, we began trading oil in the Mediterranean, Red Sea and Arabian Gulf. Since the 1980s, we have built strong links with the Middle East and cemented our position as an industry pioneer in the Mediterranean. We subsequently entered the Black Sea, Asian and US markets. Today our trading activities span across the five continents and we have offices in eight strategically positioned locations.
OUR TRADING PLATFORM We have global trading hubs in London, Singapore and Dubai. Each one is staffed by experienced traders specialised in crude oil and petroleum products, including middle distillates, gasoline, fuel oil and bitumen. Our traders are supported by shipping, finance and operations specialists located in different offices.
www.bbenergy.com
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WEISS HELLAS - INTERNA S.A. METAL FALSE CEILINGS & LIGHT FIXTURES ARCHITECTURAL ENGINEERING
COMPANY PROFILE WEISS HELLAS - INTERNA S.A. is specialized in the production of metal suspended ceiling systems, special ceiling construction and high quality light fixtures, since 1980. Thus, Weiss Hellas - Interna S.A. can provide to its customers: technical advices, technology assessment, cost estimation at an early stage, technical and design support. All products of Weiss Hellas - Interna S.A. are manufactured in our factory - covering an area of 5.000m2 in Markopoulo Attikis, Greece - under the international safety and quality regulations and they have certificates: CE, MED-D-2055, MED-B-9360 (WHEELMARK), INTERNATIONAL AWARD FOR QUALITY AND TECHNOLOGY1997.
PRODUCTS Metal False Ceilings (Strip ceilings, Metal tiles, Open Cell ceilings) Suspension systems Dry Wall systems Special construction Light Fixtures (Fluorescent Light Fittings for suspending and mounting ceiling, Spot Light PL - HQI) EXPORT Europe - Eastern Block - Arab Emirates - USA Factory & Exhibition 1st km Markopoulou-Kalivion Ave. - 190 03 Markopoulo, Athens-Greece Tel: +30 22990 63545-6 Fax: +30 22990 63576 E-mail: contact@weisshellas.gr | Website: www.weisshellas.gr
Mr. Abdulazim Weiss Owner & General Manager Weiss Hellas-Interna S.A. & Vice President of Arab-Hellenic Chamber of Commerce and Development
Photos of Weiss Hellas-Interna Projects
39
Profile Eastern Mediterranean Maritime Limited (EASTMED)
offers seaborne transportation services to the energy, industrial and agricultural sectors. Our reputation has been built on the quality services we provide to our customers, over the 42 years of our operation by linking supply and demand regions of the world, with shipping operation excellence. Our solid expertise in the ocean transportation business helps our customers to execute their strategy, create new opportunities and improve their performance against peers. By operating a fleet of world class tankers we move crude oil and its products across the globe. We cooperate with the petroleum industry players and provide midstream services to equity producers, refineries and traders. We also work together with leading food and grain processing companies, helping them to transport safely and efficiently bulks of agricultural products from the farms to the markets of the world.
40
Unleashing the Arab-Hellenic Potential *Moderators’ and Speakers’ profiles are according to the Forum’s program
42
Session 1 Maritime and Port Industries and Services: Greece, Egypt, Saudi Arabia and Lebanon. Opportunities & Potential for Growth and Cooperation
43
The Suez Canal Economic Zone Foreword In August 2014, President Abdel Fattah El-Sisi launched the new Suez Canal Expansion project, a mega development to construct a new 72-kilometres long Canal which will allow for two-way traffic in parts of the Suez Canal. The project which was inaugurated on August 8, 2015 increased the Canal’s capacity through reduced waiting and transit times, and reinforced the Suez Canal’s position as a major maritime trade route against increased competition globally. The project which has been funded entirely by the Egyptian people, through investment certificates, is a clear testament to the country’s resilience and its willingness to invest in its future. The new Suez Canal is providing the springboard for an economic transformation that is starting with the development of the Suez Canal Economic Zone. The Suez Canal Economic Zone which is managed by the General Authority for Suez Canal Economic Zone, will be a world-class valueadded services hub which will offer enhanced opportunities for investment across all economic sectors including logistics, industry, ICT, renewable energy, business parks and real estate developments and also in the development of infrastructure services and transport links. With more than 100 km² of port and logistics areas, and 461 km² of land for industrial and real estate developments on offer, the Suez Canal Economic Zone will provide opportunities for businesses of all types and sizes. With the support of the Government and the people of Egypt, the international and domestic business communities are invited to invest in the Suez Canal Economic Zone. In developing the Suez Canal Economic Zone we have listened to our partners. The Suez Canal Economic Zone represents a new chapter in the economic development of Egypt. Created under Law No. 83 of 2002 and as amended in 2015, the Suez Canal Economic Zone is governed by the General Authority for the Suez Canal Economic Zone: an autonomous body with executive powers of regulation and approval including the full authority to oversee all areas of operation, staffing, control over budgets, funding, development of partnerships with developers and business facilitation services. The Suez Canal Economic Zone will apply a new investor friendly business environment that will be a blueprint for future development nationally. There will be a genuine one stop shop with all critical elements deployed. Simple declarative investment registration systems with streamlined investment approvals, granting of import and export licenses as well as accelerated on-site customs inspection procedures will be available. Similarly, secondary permits and authorizations relating to land, building, labor, health and safety will be addressed directly by the Suez Canal Economic Zone authority whose efficiency will be enhanced by partnerships with key stakeholders including government ministries, private sector representatives, be it developers or investors in the zone, or affected communities and community groups and certainly international development partners. The Suez Canal Economic Zone will not just help first-time investors; it will support companies to expand and grow more, and therefore create the thousands of jobs that will put Egyptian people into productive work. 44
Why the Suez Canal Economic Zone ● Lies at the heart of international trade ● Strategic geographic location and benefits from its strategic location along one of the world’s main trading routes. ● Access to 1.6 billion consumers; Complemented by world class ports, high quality logistics services and preferential trade agreements, it allows investors to efficiently, and competitively, access regional and global markets in Europe, the Gulf, East and Southern Africa and Asia. ● Access to Domestic Market; Egypt has a large and growing domestic market of some 90 million people of whom 65% are of working age. With rising standards of living, the purchasing power of the domestic market will drive growth in many sectors. ● Workforce; Egypt has a huge, competitively priced workforce available to meet investor requirements. ● Strong Track Record; Egypt is a major industrial producer. The Suez Canal Economic Zone can draw upon and expand the existing strong ties with multinational and domestic corporations to develop a much enhanced manufacturing sector. ● A True One-Stop-Shop; Unified and streamlined procedures and processes designed to minimize delays and costs to the investor. ● Investment Incentives and other Benefits; Investment and tax incentives will be offered to prospective partners and investors including a multitude of preferential rates and business set-up and support services. ● High Quality infrastructure and linkages; State-of-the-art infrastructure services, including power, water, wastewater, telecommunication, and transport linkages will be provided to investors. Areas of Opportunity: A wide range of investment opportunities are available in the Suez Canal Economic Zone. Ports & Logistics: Investment opportunities in the development of Ain Sokhna Port and East Port Said Port and the associated terminals and facilities: container terminals, bulk and general cargo terminals, logistics, warehousing and distribution centers as well as dry ports. Maritime Services: With over 17,000 ships passing through the Canal every year, the Suez Canal Economic Zone is ideally located for the development of maritime related activities including ship building and ship repair services, bunkering, vessel scrapping and recycling. Industry: The industrial areas of Ain Sokhna, East Port Said and Qantara provide vast land areas for light, medium and heavy industry. Potential opportunities are available in pharmaceuticals, food processing, automotive, consumer electronics, textile and petrochemicals. ICT: With a rapidly-expanding and well- recognized ICT industry in Egypt, the Suez Canal Economic Zone offers investors high quality facilities to engage in research and development, software development and other activities. Renewable Energy: The renewables sector is highly promising with strong potential for solar and wind farm development, and for the establishment of clean energy industries. Other Areas of opportunity: The integrated nature of the Suez Canal Economic Zone is such that there will be numerous opportunities for residential, commercial, mixed use developments, as well as key social infrastructure. 45
The Arab Academy for Science, Technology and Maritime Transport (AASTMT) is the backbone of maritime education and training in the region of Middle East and Africa through its Maritime Center of Excellence. As a major contributor to maritime transportation in the area, the AASTMT is dedicated to the cause of qualifying marine personnel both at sea and ashore by focusing on the latest maritime sciences developed in the various fields. It offers advanced academic programmes coupled with a structured cadet life programme in the regiment for both men and women. The AASTMT prepares students for careers through a content-centered curriculum and a hands-on, team building approach to learning utilizing marine simulators. The AASTMT offers graduate and postgraduate degrees in the following areas: Marine Transportation, Oil and Gas Offshore Operations, Engineering (Marine, Mechanical, Electrical and Facilities) / Business Administration (Ship Management and Maritime & Port Security and management), Maritime Studies, Humanities, International Transportation and Trade, and a Master’s degree in International Transportation Management in addition to M.Sc and Ph.D in Maritime Transport. The AASTMT’s students are from various nations and nationalities. They all enjoy a policy of equality, which makes them feel at home. Indeed, the academy has succeeded in proving that the world is a place where all can live together in peace and prosperity. The AASTMT not only focuses on education, but on building the personality of the students as well that they may take their roles as future leaders in their prospective careers. The AASTMT also maintains sound relations with shipping companies, port authorities and maritime authorities in the region by providing the needed logistic and research support and consultancy with a view to improving performance and work efficiency.
46
Introduction to Aqaba Port, Jordan 1- Aqaba Port Authority was established in 1952 by a royal decree and took its present name (The Ports Corporation, TPC) in 1978. TPC is a governmental body with an independent character responsible for establishing, developing, maintaining and operating port activities (receiving of ships, handling and storing cargo). 2- The Port consists of three zones along the Jordanian coastline: ● The Main Port zone. ● The Containers Port zone. ● The Industrial Port zone. The Main Port Zone Located close to the town of Aqaba It comprises (12) berths with a total length (2120) meters. These berths are used for handling general cargo, grain, phosphate export, RoRo, and lighter traffic. These berths serve vessels of up to (70,000) tons displacement with a draft of up to 14.4 meters. The Container Port Zone Located (5) km. south of the main port consists of: Mo’ta Berth. Moshterak Berth. The Container Terminal Berth. Ro – Ro Berth. Yarmouk Berth (Passenger Terminal). The Industrial Port Zone Located (18) km south of the Main port zone and consists mainly of: 1- Oil Terminal 2- LNG Terminal 3- Industrial Terminal: 4- LPG Terminal 5- New Port 6- New phosphate port Locally, the shipping agents are represented by the Jordan Shipping Association (JSA), which was initially established as the “Shipping Agents Committee” on October 11th, 1978. It was officially registered, in December 2010, as the Jordan Shipping Association. 48
Year
2009
2010
2011*
2012
2013
2014
2015
No. of Ships (Tourist and Passenger Ships)
2,900
2,902
2,892
3,083
2.885
2693
2676
Import (Ton)
8,302,396
8,795,570
10.208427
11.943,770
11.784.359
13.843.527
13.148.647
Export (Ton)
5,898,943
8,055,688
8,975,169
7,411,012
4.531.249
5.201.269
5.233.379
Total (Ton)
14,201,339
16,851,258
19,183,596
19,354,782
16.315.608
19.044.796
18.382.026
2009
2010
2011
2012
2013
2014
2015
Imports containers (TEU)
335,000
302,400
359,078
410,683
440.031
394.687
378.212
Imports (20)
90,974
88,302
101,616
120,903
130.789
124.159
113.056
Imports (40)
122,013
107,049
128,731
144,890
154.621
135.264
132.579
Exports containers (TEU)
339,525
303,259
346,570
406,751
432.779
386.604
380.007
Total –TEU_
674,525
605,659
705,648
817,434
872.810
781.291
758.219
Destination
2009
2010
2011
2012
2013
2014
2015
Iraq
70,021
111,993
141,330
198,124
182.394
88.422
26.957
Syria
70,530
53,127
29,625
23,208
29.886
38.625
13.343
Saudi Arabia
138,701
147,356
155,284
161,277
147.160
121.234
103.021
Lebanon
2,357
2,131
2,610
2,829
2.022
2.315
1.478
Kuwait
19,756
12,773
18,228
23,123
17.143
73.529
80.955
Yemen
345
0
0
0
0
0
0
UAE
4,699
4,478
6,576
7,200
10.915
11.949
8.181
Others
137,256
267,082
275,357
257,843
275.305
230.769
167.146
Total
444,079
599,213
629,010
673,604
664.826
636.843
401.481
JORDAN ECONOMY Summary of Economic Indicators GDP Real growth was 2.6% in 2011 +2.7 in 2012 +2.8 in 2013 + 3.1 in 2014 + 2.4 in 2015 per Capita GDP 2012 = 4842 US 2013 = 5219 US
2014 = 5444 US 2015 = 6640 US 49
Moderator GE R A S S I MOU & PA RT N E R S L A W
O F F I C E S
Mr. Nicholas G. Gerassimou Attorney at Law Gerassimou & Partners Law Offices Greece Nicholas Gerassimou is a lawyer at the Supreme Court and member of the Piraeus Bar Association. He was born and he lives in Athens. Graduate of Varvakeios Model School and member of the Varvakeios Alumni Association. Graduate from the Law department of the Law School of the Athens University. He has a Master degree (LL.M) in Shipping Law and in the EU Law from the University of Southampton, England. He worked as an in-house Legal Council in a major shipping company having the management of 50 tanker vessels dealing mainly with sale and purchase contracts, carriage of goods by sea, marine insurance, salvage and shipping financing. Board member of the Hellenic Association of Maritime Law and the Hellenic Association of Maritime Lawyers and member of the Law Committee for the drafting of the Laws of wreck removals. He is also a Secretary General of the Greek-Azerbaijani Chamber as well as member in various bilateral Chambers of Commerce and Institutions of Commerce. Articles and comments on various judgements have been published in the Greek and foreign legal periodicals and he attended many international Congresses on shipping law, transportations, insurance Law, investments and commercial law. He is a member of the scientific working committee in shipping of the Institute of Democracy “Konstantinos Karamanlis” as well as member of the Shipping Section of New Democracy and one of the drafts-men of its shipping program.
Speaker Arab Academy for Science, Technology & Maritime Transport
Prof. Dr. Ismail Abdel Ghafar Ismail Farag President Arab Academy for Science, Technology and Maritime Transport (AASTMT) League of Arab States, Egypt
50
Dr. Ismail holds many prestigious positions at various entities and professional associations among which he is the President of the Port Academy for Maritime and Technical Studies at Dammam in Saudi Arabia, President of the Board of the Regional Center for Studies and Training in the Port of Port Sudan as well as Chief Executive of the Research and Consultation Center of the Maritime Transport Sector and Chief Executive of the Port Training Institute. His Excellency has enormous associations and affiliations as a Board Member of the Council of the World Maritime University (WMU), Malmo, Related to International Maritime Organization (IMO), he is a Member of the Board of the Council of Arab Ministers of Transportation and Member of the Board of the Council of Arab Ministers of Economics, League of Arab States, among other prestigious associations. Prof. Dr. Ismail holds a PhD Degree in Electrical Engineering in 1989 from George Washington University, USA, a Master’s Degree in Electrical Engineering in 1982 from Cairo University, a BSc of Electrical Engineering (Computer Department), Excellent with Honours, from the Military Technical College (MTC) in 1978.
Speaker Staff Rear Admiral Tarek Ghanim Abd ElMetaal ElSaiedy 1st Undersecretary, Head of Maritime Transport Sector Ministry of Transport Egypt Staff Rear Admiral Tarek Ghanim Abd ElMetaal ElSaiedy was born in 1956 in Egypt. He is 1st Undersecretary, Head of Maritime Transport Sector at the Ministry of Transport, Egypt. Prior to that, he was Head of the Board of Directors of the Egyptian Authority for Maritime Navigational Safety. He has served his country in the military in various posts and countries. He holds a Bachelor’s in Maritime Studies, a Master’s degree with which he obtained the title of Staff Rear Admiral. He has attended numerous military and professional maritime courses and seminars. He has traveled frequently and participated in related maritime conferences, workshops and forums.
Speaker Mrs. Amany K. Essawi Advisor to the Chairman for International Relations General Authority for Suez Canal Economic Zone Egypt Amany’s main role as an Advisor is to solicit and develop the needed cooperation programs that are pivotal to support the Authority in transforming the region into a world-class global logistics hub and industrial processing center. Previously she had worked as an Advisor to the Minister and Deputy Director of the Local Development Reform Unit that tackles poverty alleviation and social and economic local development. Prior to that, Amany was the Minister’s Assistant for International Relations at the Ministry of Planning, Monitoring and Administrative Reform, liaising and coordinating communications with the Ministry’s counterparts in other countries, international and regional organizations, funding agencies, training institutions and governmental bodies. Amany has played an active role as Egypt’s national coordinator of the MENAOECD Governance Programme. She assumed several managerial positions in several hotel chains and she was elected as a Board Member of the Gender – Diversity and Governance around the Mediterranean Network. Mrs. Amany holds a BA in Mass Communications with high honors from the American University in Cairo and a Master’s Degree from the same university in Public Relations.
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Speaker Mr. Antoine E. Amatouri Chairman Gulftainer Lebanon SAL Lebanon Mr. Antoine Amatouri is the Owner of Terminal 21 SAL, and he is President and General Director of GULFTAINER LEBANON SAL since 2012, a Lebanese Company, owner of the concession to manage and operate the Container Terminal at the port of Tripoli. He is the owner of the companies ITEMS SAL: Port Equipment, PPO SAL: Port Operation, PCM SAL: Telecom and Electrical Project and CRUISE SAL: Rent A Car. He is also member of the Board of Directors of Beirut Port since 1989 and Board Member and Secretary General of R.D.C.L (Lebanese Businessman Association) since 1986. Mr. Amatouri holds a Diploma in Business Management and a Master’s Degree of Finance and Management from USJ (St. Joseph University) of Lebanon.
Speaker Captain Stylianos V. Dafermos DPA/HSQE & Vetting Manager/Training Officer AVIN INTERNATIONAL LTD Greece Born in Thessaloniki in 1965 and graduated from Captain’s Merchant Marine Naval Academy of Hydra and started his carrier as a deck officer on board AVIN INTERNATIONAL fleet vessels. Holder of Master Mariner Class A certificate with eighteen (18) years of sea experience on board AVIN’s fleet tanker vessels. Since 2003 shifted to regulatory compliance and HSQE issues as a Marine Superintendent and since 2007 in managerial positions as DPA/HSQE and Vetting Manager and Training Officer. Certified Internal Auditor by recognized Classification Society for Safety-Quality-and Environmental Management Systems.
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Speaker Mr. George C. Xiradakis Founder - Managing Director XRTC Business Consultants Greece George Xiradakis graduated from the Nautical Marine Academy of AspropyrgosAthens and he holds a diploma in Commercial Operations from City of London Polytechnic and an MSc in Maritime Studies from University of Wales. In his banking carrier (1991-1998) he served as Vice President of Credit Lyonnais Shipping Group and Head of European Shipping finance activities and as Head of Greek, Indian and Middle East Shipping. In 1999 he founded XRTC Business Consultants and since then he has been the Managing Director of the Company. XRTC acted as Commercial Representative of the French Banks Credit Lyonnais (up to 2004) and Natixis (up to 2008). Since 2009, XRTC has been working closely with the Chinese ship finance market. In 2011 XRTC signed a Financial Consultancy Agreement with China Development Bank. XRTC has won the Greek Shipping Financier of the Year by Lloyd’s List Greek Shipping Award 2010. Among other professional affiliations, Mr. Xiradakis is a member of the Board of Directors of Paragon Shipping Inc (NASDAQ: PRGN) and serves as the President of the Board of Governors of the International Propeller Club of the United States –International Port of Piraeus. Mr. Xiradakis also served as Chairman of the Board of Directors of Hellenic Public Real Estate Corporation and the first President of the National Center of Port Development.
Speaker Eng. Dimitrios Chr. Constantinidis Civil Engineer, Specialist in Port Projects & President and CEO Construction Company “Christopher D. Constantinidis S.A.” & Secretary General Association of Greek Contracting Companies (SATE) Greece Mr. Dimitrios Chr. Constantinidis was born in 1957 and holds a Degree in Civil Engineering from the National Technical University of Athens and a Master’s of Coastal Engineering Hydraulics from Berkley University, U.S.A. He is the Secretary General of the Association of Greek Contracting Companies (SATE) since 2012 and the Secretary General of the Association of the Technical Companies of the Highest Classes (STEAT). Since 1976, Mr. Constantinidis has been responsible for the General Directorship and day-to-day management of various construction projects, mainly port works and projects for Environmental Protection. He is a Corresponding Member of the Society of Civil Engineers (ASCE) and Member of the Technical Chamber of Greece. He is the author of three publications concerning matters of Port Construction works and Coastal Engineering.
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Speaker Mr. Charalampos Simantonis President Hellenic Shortsea Shipowners Association Greece Charalampos Simantonis is the President of the Hellenic Shortsea Shipowners Association since 2012 and President and Managing Director of MedFerry Co. He studied maritime economics in the Instituto Univeritario Navale di Napoli and has been active in the shipping since 1980. In 1989 he established his first shipping with passenger vessels and since 1992 he has been active in tramp shipping with shortsea vessels. Mr. Simantonis is also member of the Board of the Hellenic Chamber of Shipping and of Seamen Pension Fund (NAT), as well as member of RINA’s Ship-owners committee and BCA Academic committee.
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Session 2 Construction, Building materials and Energy
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BIM and 5D Methodology
Building Information Model is a data – rich, object – oriented and intelligent digital representation of the facility, from which views and data appropriate to various users’ needs can be extracted and analysed through the lifecycle of the project to generate information that can be used to make decisions and improve the process of delivering the facility. CCC BIM Centres are comprised of engineers and IT professionals with extensive experience in supporting projects varying in size and complexity. The projects portfolio includes roads, ports and airports, infrastructures, high quality buildings, etc. This entity offers complete solutions from requirement analysis, budgeting, selection of technologies, implementation, follow-up and training. It is envisioned that the BIM based project controls solution is capable of capturing, managing and delivering most of the information, components and processes related to a facility during its full lifecycle. This is an ultimate goal for all industry partners; the following diagram illustrates this vision. Currently there are three main operating BIM Centres located in Athens, Egypt and Palestine with a total of 85 employees (30 in Athens, 35 in Egypt and 30 in Palestine). Moreover, we have a BIM centre established in USA under Morganti (CCC sister company) and a BIM Academy in Athens where professional engineers are trained on CCC’s BIM procedures and workflows. Currently there are 110 BIM engineers are located in projects around the world. In addition to their main role in BIM production, these four Centres are leading the development of standards, procedures & policies as well as providing training for the new BIM Engineers.
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Portfolio of Services ● BIM Standards, procedures and Capacity Building ● Contractual, Quantity Surveying and Scope Management ● Engineering Support ● Construction and Project Controls ● Fabrication and As-built ● Post-Construction Services ; Integrating the as-built BIM with the different client systems: - GIS - Facility management - Asset management - Operation and Maintenance
Educational Services – BIM Academy in Athens Provides specialized knowledge in an academic environment bringing handson construction experience blended with BIM and IT skills to professionals, in order to create quality and competent BIM resources who can take this technology to a true and effective level of implementation.
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Archirodon is a large international Archirodon a large contracting is group with international 57 years of contracting group with 57 of experience in more than 20 years countries experience more mainly than 20 countries around the in globe, in the Middle around the globe, mainly in the Middle East, North Africa & Caspian regions. East, North Africa & Caspian regions. Archirodon construction activities focus Archirodon activities focus mainly on construction EPC Marine & Offshore, mainly EPC Infrastructure Marine & Offshore, Energy on and projects, Energy Infrastructure projects, including and among others Terminals for Oil including among others Terminals for Oil & Gas and Petrochemical Facilities, Port & Gas and Petrochemical Facilities, Port and Container Terminals, Offshore and Container Terminals, Offshore Structures, Power & Desalination Structures, Power & Desalination plants, Roads, Bridges and Railroads. plants, Roads, Bridges and Railroads.
Having earned its reputation for Having earned its reputation for more than half century as a reliable more than half century as a reliable and respected international and respected international contractor in the areas of contractor in the areas of engineering, procurement and engineering, procurement and construction, Archirodon aims at construction, Archirodon aims at executing EPC projects worldwide, executing EPC projects worldwide, creating high added value to all of creating high added value to all of its project stakeholders. its project stakeholders.
Archirodon was established in 1959 and started its professional life by building the Archirodon was established in 1959 and started its professional life by building the ports of Benghazi in Libya (1961) and subsequently the port of Beirut in Lebanon ports of Benghazi in Libya (1961) and subsequently the port of Beirut in Lebanon (1962). At that time, the company found out that significant business opportunities (1962). At that time, the company found out that significant business opportunities were available in the Arab world. Hence, Archirodon entered into the construction were available in the Arab world. Hence, Archirodon entered into the construction market in Saudi Arabia and the United Arab Emirates and among its early projects market in Saudi Arabia and the United Arab Emirates and among its early projects had been been the the construction construction of of the the multi‐ multi‐ million million dollar dollar seaports seaports of of Jeddah Jeddah and and had Dammam, other other major major ports ports in in Saudi Saudi Arabia, Arabia, main main ports ports in in the the United United Arab Arab Dammam, Emirates, and numerous other important infrastructure works. Emirates, and numerous other important infrastructure works.
NETHERLANDS | SWITZERLAND | GREECE | CYPRUS | SAUDI ARABIA | BAHRAIN | KUWAIT | IRAQ | QATAR NETHERLANDS | SWITZERLAND | GREECE | CYPRUS | SAUDI ARABIA | BAHRAIN | KUWAIT | IRAQ | QATAR |
www.archirodon.net www.archirodon.net
In the 1980s Archirodon, while still In upholding the 1980s Archirodon, while still top its reputation as one of the upholding reputation internationally, as one of the further top marine its contractors marine contractors internationally, further developed into a general contracting group, developed into a general contracting group, diversifying into other fields including roads, diversifying into other fields including roads, bridges, railroads and industrial facilities. bridges, railroads and Archirodon industrial has facilities. Since the mid‐90’s, started Since the mid‐90’s, Archirodon has started giving emphasis to the market sectors of Oil giving emphasis to the of Oil & Gas, as well as, market Power sectors & Desalination, & completing Gas, as well as, Power & Desalination, a number of large‐scale projects completing a number of large‐scale projects such as the different stages of the Shoaiba such as the different stages Plant of the Shoaiba Combined Cycle Power (14x370MW) Combined Cycle the Power (14x370MW) Project and Ras Plant Al Khair Desalination Project and the Ras Al Khair Desalination Plant (1mil m3 daily output), which is the Plant (1mil m3 daily output), which is the largest in the world. During the last years largest in the world. During the last years Archirodon has expanded its operations into Archirodon has expanded its operations into Iraq, Kazakhstan, Mauritius and Morocco and Iraq, Kazakhstan, Mauritius and Morocco and is ready to further expand into other countries is ready to further expand into other countries as well, providing turnkey solutions in the as well, providing turnkey solutions in the Oil & Gas and Power & Water sectors. Oil & Gas and Power & Water sectors.
Today Archirodon is an EPC Today Archirodon is an EPC player with capabilities in many player with capabilities in many geographies across 3 continents. geographies across 3 continents. The company is present, The company is present, through various branch through various branch offices and/or project sites, in offices and/or project sites, in The Netherlands, Switzerland, The Netherlands, Switzerland, Greece, Cyprus, Saudi Arabia, Greece, Cyprus, Saudi Arabia, Bahrain, Kuwait, Iraq, Qatar, Bahrain, Kuwait, Iraq, Qatar, U.A.E., Oman, Algeria, Egypt, U.A.E., Oman, Algeria, Egypt, Libya, Morocco, Morocco, Mauritius, Mauritius, Libya, Kazakhstan and Turkmenistan. Kazakhstan and Turkmenistan.
R | U.A.E. | OMAN | ALGERIA | EGYPT | LIBYA | MOROCCO | MAURITIUS | KAZAKHSTAN | TURKMENISTAN | U.A.E. | OMAN | ALGERIA | EGYPT | LIBYA | MOROCCO | MAURITIUS | KAZAKHSTAN | TURKMENISTAN
Background
The Institute of Energy for South East Europe (IENE) was founded in 2003 by a group of independent professionals and business executives active in the energy sector of the region. The Institute, which has its headquarters in Athens, Greece, is a nongovernmental and nonprofit regional organization. The founding of the Institute came in response to the strong integration process and rapid economic development experienced by most countries in SE Europe in the late 1990’s and early 2000’s in their move away from centralized type administrative systems to open market economies following the collapse of the Soviet Union. In addition to the pressures for market liberalization the region had to cope, and is still coping, with some major reconstruction issues following the break-up of Yugoslavia (SFR) and the establishment in its place of various independent states. IENE monitors, analyses and reports regularly on energy developments and related issues (i.e. environment, climate change, investments) in 14 countries including: Albania, Bosnia-Herzegovina, Bulgaria, Croatia, Cyprus, FYROM, Greece, Kosovo, Montenegro, Romania, Slovenia, Turkey and Israel. IENE also follows closely developments and reports in various peripheral countries which include Libya, Egypt, Lebanon, Syria, Moldova, Ukraine, Hungary and Malta.
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IENE’s Mission and Vision
IENE’s Mission is to promote a broader understanding of the key energy issues in the region and provide a suitable platform for the exchange of views and information, open to professionals, companies, stakeholders and others who are actively involved in the energy sector. IENE’s Vision is to establish itself as one of the leading energy think tanks in the region and at the same time develop a highly credible and worthwhile range of services covering research, assessment studies, sectorial surveys, educational activities, event organisation and networking. These services to be offered primarily to its members, but also to government and industry and other important stakeholders. As part of its vision IENE is committed to developing high level research and analysis capabilities, with the involvement and in cooperation with leading energy experts from all different countries of the region. The timely dissemination of information and analysis is an integral aspect of IENE’s work with the aim of facilitating the understanding of central policy and complex technical issues thus helping to promote public debate. The establishment of serious and dispassionate dialogue on SE Europe’s key energy and environmental issues is seen as part of a democratic policy making process to which IENE is fully committed.
Goals and Objectives
The Institute’s prime purpose is to constitute a permanent forum where energy issues can be discussed, analyzed, reformulated and presented to the scientific and technological communities, but also to the various social, productive and financial entities, as well as to institutional bodies, in unbiased, objective and credible terms. This is guaranteed by IENE’s scientific standing, its managerial rectitude and the transparency of all its operations. IENE’s brief covers the whole range of energy applications including Oil and Gas, (upstream, midstream and downstream), Power Generation (thermal and nuclear power generation, hydroelectricity), Electricity Transmission and Distribution, natural gas (transmission and distribution), Renewable Energy Sources (solar, wind, hydro, biomass, geothermal) and Energy Efficiency (buildings, industry and trnasportantion). One of IENE’s key objectives is to participate in the formulation of energy policies, both at national and international level, within the broader region of South-East Europe. These policies need to focus on rationalizing the production and utilization of both conventional and renewable sources of energy. Thus IENE aims to contribute towards the implementation of European Union’s sustainable development strategy that combines social and economic development with environmental protection. The Institute aspires to play a significant role in providing public opinion with factual and unbiased information on subjects concerning energy, the environment and sustainable development. It is fair to say that, IENE after 14 years of uninterrupted operation already provides a suitable platform for the discussion and analysis of the crucial energy and environmental issues which confront the broader S. E. European region. 61
GREECE - RENEWABLE ENERGY EXISTING vs 2020 INFRASTRUCTURE
Future Infrastructure planned for 2020 Targets: Solar PV: Wind: Hydro:
7,000 MW 3,500 MW 950 MW
GREECE RENEWABLE ENERGY FUTURE INFRASTRUCTURE INVESTMENT OPPORTUNITIES Greece is located in a region with outstanding renewable energy potential! It has the highest solar potential in the northern Mediterranean coast and the EU, and the 2nd Highest Wind potential in Europe! Currently, it can support approximately 15% of its electrical energy consumption by renewables and the target is to increase this to 18.5% in the next 3 years. Projects that have already been announced or planned amount to an increase of renewable energy sources by 11,500 MW until 2020. The vast majority of those projects are Wind Power generation parks, a technology that has been lagging behind target installations due to the explosive reduction in the installation cost of photovoltaic parks and the resulting shift towards solar photovoltaic power generation. However, the responsible bodies are deliberating the introduction of additional solar photovoltaic plants in the near future. New projects will be predominantly built under an IPP framework with contractually agreed energy selling prices and using the BOO/BOT models. This realization, as well as the need to reduce the dependency of the Greek power system on fossil fuels and coal, makes this country a perfect vehicle for investors that aspire to participate on the mature EU energy market and operate in a stable political environment. The cost of conventional energy in Greece is still high enough to ensure a profitable proposition for investors in the energy sector.
ENERGY INVESTMENTS IN GREECE PRO: Mature market, EU-protected rights, attractive ROI, stable social and political environment, potential for acquisition of assets in prices well below market CON: Uncertain State finances, possible restrictions in capital movement, uncertain tax legislation 62
GREECE RENEWABLE ENERGY SPECIALIZED PERSONNEL & KNOW-HOW Greece has an existing base of approximately 5,000 experienced Engineers that have worked in renewable energy projects for more than a decade. In fact, the renewables industry before 2013 occupied in excess of 15,000 employees of various specializations. With the sudden renouncement by the State of FIT-based projects in 2013, most of this existing workforce has moved abroad or is otherwise occupied in Greece. Several high-level engineers are employed by Tier-1 EU and Asia-based manufacturers, as well as EPC companies throughout the EU, UK and Asia. There is also an existing base of manufacturers specializing in aluminum solar photovoltaic mounting systems that has been equipped for high volume production that has remained close to idle for the past 2-3 years and would be an attractive target for cooperation agreements of suitable type with partners located in the Middle East and Africa. It is important to realize that this personnel has designed, engineered and installed close to 10 GW of renewable energy plants, which is comparable to the entire renewable installations in all countries of the MENA region. The Arab Hellenic Chamber of Commerce can provide potential partners with contact details of several companies that can partake in joint ventures and agreements of any type that will result in a fast-track knowledge transfer to the Arab world
GREECE RENEWABLE ENERGYFUNDING & COOPERATION AVENUES The EU and several of its financial institutions, as well as other international and national bodies have created significant facilities that enable the cooperative installation of projects as well as the transfer of knowledge and best practices to the Arab world and African countries. Although National bodies and institutions will need to be contacted through the relevant Chambers of Commerce, there are at least 2 avenues that can point interested parties from the Arab world to appropriate partners and or practices. First, as always, EU National Contact Points in all EU Member States can assist you in locating potential co-funded development or E&D projects. Several National organizations and Chambers or Chamber Unions in the Arab countries can also assist in locating financing from international bodies specifically targeting energy projects. Second, MEDENER ( www.medener.org ) is a Mediterranean platform to support the energy transition to a greener energy landscape and it targets countries around the Mediterranean coast. It comprises at least 15 member National Energy Agencies, 10 from the South Med countries and 5 from the North and has laid a comprehensive plan for expanding its reach and assistance starting this year and culminating in 2018. Additional information can be found in the link provided above or at the Regional Database and Regional Tech Report site at: http://medener-indicateurs.net/uk/datamapper/
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Moderator Dr. Saleh Saadeh Jallad Financial Consultant Consolidated Contractors Company (CCC) Publisher, Author & Member of the Board of Directors Arab-Hellenic Chamber of Commerce and Development Greece Dr. Jalad is the financial consultant for Consolidated Contractors Company in Greece. He is the Chairman and CEO of the Middle East Petroleum and Energy Publications and Publisher of the Middle East Economic Survey “MEES”. Dr. Jalad has published the “Fables of Kalilah and Dimnah” among other numerous publications and papers. He is the Board Member of several professional organizations. He holds a PhD in Economics & Banking, from University of Notre Dame and a BA in Economics from the American University of Cairo. Honorary Member, Hellenic Literary Society (Athens, 1997). He is married and has two children.
Speaker Eng. Zuhair Haddad CIO, Corporate Assets and Risk Management Consolidated Contractors Company (CCC) Greece Zuhair Haddad is the CIO, Corporate Assets and Risk Management for Consolidated Contractors Company (CCC). He currently leads the Project Control IT and Communication strategy for CCC group as well as oversees CCC’s Information Systems, Corporate Risk, Communication and E-procurement Departments. Mr. Haddad also leads the Plants Machinery and Vehicles (PMV) Department which manages CCC’s extensive fleet of construction equipment. Mr. Haddad has led the development of BIM capabilities within CCC as well as 3D based project control IT applications. These developments among others have given CCC a lead in this field, as well as a tangible competitive advantage in the construction industry. He holds a Masters in Construction Management from Stanford University and a Bachelor of Science from the California State University of Chico in Civil Engineering.
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Speaker Eng. Antoine Georges Saade Executive General Manager Alsraiya Contracting company Qatar Antoine Georges Saade is the Executive General Manager of Alsraiya contracting company. Mr. Saade holds a Bachelor’s degree in Architectural Engineering from the University of the Holy Spirit in Kaslik- Lebanon. He is married and father of four children. Mr. Antoine joined Alsraiya in 1990 and since then he has been managing the development of the construction sector, leading it to be one of the most successful enterprise in Qatar and that, by assembling experienced construction management and utilizing the numerous equipment and resource. Under his management, the company has executed several mega projects in various residential, commercial, industrial and infrastructural fields. He is as well a Board Member of the affiliate international construction company with Alsraiya Group.
Speaker Eng. Athanasios Mamalis Business Development Director Archirodon Group N.V. & Member of the Board of Directors Arab-Hellenic Chamber of Commerce and Development Greece Mr. Athanasios Mamalis serves as the Business Development Director at Archirodon Group since December 2001, which is a leading international construction group with operations in more than 20 countries and turnover of about $ 1 billion. In his role, he leads and supervises the business development department of the group worldwide, by identifying and developing suitable project prospects and by promoting the company’s public image. During his 40 years with Archirodon Group, apart from his current position, Mr. Mamalis also worked in various positions including Technical and Marketing Manager, Project Manager and Project Director for several projects in the Middle East and Africa. Mr. Mamalis holds a Degree in Civil Engineering from the Bologna University in Italy. Since September 2016, he is a Member of the Board of Directors of the ArabHellenic Chamber. 65
Speaker Eng. Costis Stambolis Executive Director and Deputy Chairman Institute for Energy of SE Europe (IENE) Greece Mr. Stambolis is the founder and managing editor of Energia.gr, Greece’s foremost energy portal in operation since 2001. He is also a founding partner (2003) of the Institute for Energy of SE Europe (IENE) while he currently serves as its Executive Director and Deputy Chairman. Over the last 40 years he has carried out worldwide a wide range of projects in the energy field as an independent energy consultant focusing on solar building technology, regional planning, natural gas and energy market analysis. He has also many years’ experience as a technical journalist and has published extensively in the technical press and in learned journals and he has authored and co-authored several publications, his latest including the Greek Energy Directory 2016 published by energia.gr and the SE Europe Energy Outlook 2016/2017 published by IENE. Mr. Stambolis has served as an advisor on energy policy issues to the governments of Greece and the UK and to international organizations, including the EU, the World Bank, UNICEF, UNESCO and the IEA. Costis Stambolis studied Physics, Architecture, Strategy and Innovation in the U.K. He holds a Graduate Diploma in Architecture and Energy Studies (AA Dip. Grad) from the Architectural Association and a professional practice license as Architect-Engineer from the Technical Chamber of Greece. He also holds a Master’s degree from the University of Oxford (Said Business School) on Strategy and Innovation.
Speaker Dipl. - Ing. Moudar Khouja Secretary General Austro-Arab Chamber of Commerce Austria Dipl. - Ing. Moudar Khouja has been the Secretary General of the Austro-Arab Chamber of Commerce since 2009. Prior to that, he held high-level management positions at Tel IT Telecom, Cisco Professional Services and Siemens Austria. He was the Managing Director and shareholder of Baraka Financial Products. He is a frequent speaker at conferences, forums & workshops with emphasis on Dual Apprenticeship and Vocational Training System, Energy, Renewable Energy, Water, Transport, Food & Agro industry, Healthcare and Tourism.
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Session 3 Investment Opportunities in Real Estate & Tourism in Greece & the Arab World
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GREECE: INVESTMENT PROSPECTS 2016 NOVEMBER 2016 At a time when investors globally are looking back at the traditional markets of Europe enjoying political stability and limited risk, Greece offers a unique proposition that combines the advantages of a developed country, with the opportunities for growth usually associated with emerging economies. Greece presents a unique investment proposition, as it incorporates: ● Timeless competitive advantages, pertaining to its location at the crossroads of three continents - a natural Gateway to Europe, along with a wealth of natural resources ● Developed Country status, an active member of all key international institutions, an established democracy (since 1843) with rule of law, and a highly developed infrastructure ● Great Growth Potential, as a market opening up to investment, with market consolidation and opportunities to acquire assets and run operations at highly competitive costs, in all key high growth sectors. The country’s strategic priorities have been firmly set and currently deployed through coordinated actions by the government: ● To attract foreign direct investment (FDI) ● To increase exports ● To simplify the legal framework for investments: Investment opportunities for international investors are in the core of Greece’s long-term strategy of economic growth. These opportunities are offered in different sectors of economic activity where competitive advantages have been identified. The opportunities are in the following sectors: ● Tourism and Real estate: a central pillar of the Greek economy and an “export champion”. Greece possesses unique characteristics (climate, nature, history, culture, gastronomy etc) that offer a globally competitive tourist product. With a bundle of opportunities in many subsectors of the Greek tourism market (luxury resorts, tourism residences, marinas, cruise, golf tourism, etc). According to latest figures by WTO, Greece in 2015 ranked: -15th in international arrivals, -7th in tourism receipts balance globally, -31st (among 141 countries) in Tourism Competitiveness globally and -12th in Tourist service infrastructure. Simultaneously, during the past few years and in order to promote its real estate market, Greece has launched a residence permit program for third country citizens owners of real estate in the country, the minimum value of which is no less than €250.000. The permit is permanent and should 68
be renewed every five (5) years on the condition that the interested party maintains ownership of the property. ● Food and Beverage: The sector offers investors a plethora of attractive opportunities. It is characterized by a privileged environment with low operating costs and abundant raw materials of high quality. Meanwhile, a general shift towards a low calorie, cholesterol free and vitamin-rich diet throughout the western world favors the Greek Mediterranean diet and Greece’s traditional agricultural products. Furthermore, Greek companies have already established a long-reaching production and sales network that offers access to the emerging growth markets of SE and Eastern Europe, whilst the F&B industry is populated by a highly experienced and welleducated labor force. ● ICT: The ICT sector offers several opportunities of investment in high-end, value added services with a global reach. IT sector in Greece consists of a group of hard working, highly qualified professionals with global experience and entrepreneurial talent. The strength of this sector is the “versatile minds” of its people. Investors can recruit top talent at a highly competitive cost. Public and EU funds are available for cooperation and development. Many Greek start-up companies compete and grow successfully internationally, while major international players establish a presence in the Greek market. ● Life Sciences: Greece’s Life Sciences industry has been developing at a vigorous rate, with new start-up and spin-off companies increasingly pursuing international R&D collaborations for the development of competitive, technology-based products and services. Essential to this dynamic growth is the Greek R&D infrastructure, which includes internationally renowned Research Institutes, research teams and University Research Groups. There are several Greek companies already competing successfully in the international pharmaceutical markets, with a strong shift towards R&D, innovation and marketing. Greece also has the potential to develop in the “middle market” of medical tourism, which is a new fast growing and lucrative sector, during the last decade. ● Energy: The deregulated energy market in Greece provides plenty of opportunities for companies wishing to participate in the production, transmission and distribution of natural gas and electricity. According to the National Energy Plan, overall investments needed in the sector are estimated to 22.2 billion euro for the 2010-2020 timeframe, from which 16.5 shall address new RES capacity. On fossil fuels, Greece will spend 2.1 billion euro for new «clean coal» (lignite in our case) power plants while 3.3 billion will be invested in natural gas facilities. An additional budget of 5 billion euro will be needed for grid reinforcement and interconnections. Also, the petroleum market in Greece is evolving rapidly and the potential for Greece to develop its hydrocarbon resources is gaining momentum. ● Logistics: Greece stands on the crossroad of three continents (Europe, Asia, Africa), a strategic node for the development of transportation in the greater region. According to a recent study the Logistics sector in Greece accounts for almost 10% of Greece’s GDP, supports economic activity
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and facilitates the country’s extrovert profile, through the acceleration of international exports. With maritime transport accounting for 80 per cent of global trade by volume, Greece’s geographical position as a gateway between East and West render it highly attractive for investments in logistics and transport, while the increasing trade flows in the region benefit from an efficient and cost-effective location. Privatisations currently in progress in this sector also provide new opportunities for investments.
‘Golden Visa Program’ for Real Estate Owners & Investors During the last three years and following an international trend, Greece introduced a residence permits’ program for real estate owners, the value of which exceeds €250,000, adopting a friendlier stance towards third country citizens who wish to own real estate property in Greece. The program, known as Greece’s ‘Golden Visa Program’, is currently one of the most competitive in Europe, offering plenty of benefits that include permanent residence to third country nationals who possess property in Greece. Moreover, another flexible and fast procedure for non- EU/ EEA foreign investors who wish to obtain an entry visa and a residence permit for the purpose of investment activity in Greece has been set up, provided that the total cost of the investment exceeds €250,000. Residence permits can be also granted to company executives involved in the implementation and/or the operation of the investment project. Up to 10 permits may be issued for an investment project (investors and executives) depending on the investment scale (see table below). The investment activity may be implemented through the construction of new facilities (greenfield investments) or business acquisitions, restructuring as well as expansion of current activities (brownfield investments), provided that it has a positive impact on the national economy. Residence permits offered to property-owners, investors and executives can be renewed every five years, as long as they maintain their position in relation to property ownership or the investment, and the investment continues to be active. In addition, they may be accompanied by their family members - spouse, unmarried children up to the age of 21, and the first degree ascendants of the spouses - who are also beneficiaries of the right to enter and obtain a residence permit.
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Enterprise Greece (www.enterprisegreece.gov.gr) is the official agency of the Greek State, under the supervision of the Ministry of Economy, Development & Tourism (www.mindev.gov.gr), to promote investment in Greece, exports from Greece, and make Greece more attractive as an international business partner. Since 2009 and in order to enhance its services to the customers (Greek and foreign investors and businessmen), Enterprise Greece started to compile a projects portfolio, which currently consists of more than 500 projects from both the public and the private sectors. Projects from the public sector mainly include privatizations and tenders for concession agreements in sectors like infrastructure, tourism, real estate, energy, etc. Concerning the projects of the private sector, the portfolio includes investment opportunities in almost any sector of the Greek economy. The majority of projects are coming from sectors like Tourism and Real Estate, Food and Beverage, Energy, Technology and high value export oriented manufacturing. These projects are at different stage of maturity and consist of both business plans of established companies or Greenfield projects. In addition, Enterprise Greece’s aim is to promote Greek products and services to the global marketplace. Enterprise Greece helps Greek businesses reach new markets, find new business partners, and become more competitive and attractive. Enterprise Greece provides the full spectrum of services related to international business relationships and domestic business development for the international market. Following legislation that provided for its creation, Enterprise Greece has rolled out new services to investors and business partners, operating as an integrated and unified business development agency.
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LEBANON: A land for all seasons
The rising daylight over Lebanon brings endless opportunities of fun,
Landscapes change in colors and depth with each season,
You’ll never know what to choose... Whatever it will be, an unforgettable
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nature, culture and outdoor activities in summer as well as in winter.
but are always bathed in a warm Lebanese Mediterranean sun.
time awaits you with new friends around an exclusive Mezzeh table.
With the compliments of the “Chamber of Commerce, Industry and Agriculture in Tripoli and North Lebanon� 73
Welcome to Jordan About Jordan Jordan is a land steeped in history. It has been home to some of mankind’s earliest settlements, villages, and civilizations. Remnants of its past can be seen throughout the Kingdom. As the crossroads of the Middle East, the land of Jordan served as a strategic nexus connecting Asia, Africa and Europe. Thus, since the dawn of civilization, Jordan’s geography has given it an important role to play as a conduit for trade and communications, connecting east and west, north and south. Jordan continues to play this role today. Modern Jordan hasn’t lost its profound connection to the ancient civilizations that thrived here. Jordan is home to numerous UNESCO World Heritage Sites such as Bethany Beyond the Jordan (Baptism Site), the Ancient City of Petra, Qasr Amra, Umm ar-Rasas, and Wadi Rum. Another 14 sites are still being assessed by UNESCO and are on their tentative list. Furthermore, the tourism sector is heavily supported by the government and the Royal Family.
Easy Accessibility and Affordability One of the great things about Jordan is that travelers can see the country in a short period of time. Even if you have a limited time frame for your trip, you can still get to see a lot, as getting around is easy and affordable and distances are short. The visa process is simple with Europeans and North Americans in addition to others able to receive their visas upon arrival.
The Jordan Pass The Jordan Pass is the ultimate sightseeing package that has been especially tailor-made for visitors to the beautiful Kingdom of Jordan. It gives pass holders the ability to make the most out of their trip visiting top sights and attractions while saving time, money and efforts. Some of the benefits of buying the Jordan Pass include 1) hassle-free prepaid entry to over 40 attractions in Jordan 2) free downloadable digital brochures covering all of Jordan’s tourist attractions 3) waiving of tourist entry visa fees if you purchase the Jordan Pass before arrival to Jordan and stay a minimum of three nights (4 days).
Jordan Tourism Board Address and contact information: Dr. Abed Al Razzaq Arabiyat, the Managing Director of JTB. Email: abdalrazzaq@visitjordan.com Khaled Raggad: khaled.r@visitjordan.com Siham Qammoh: siham@visitjordan.com Mai Hmoud: mai@visitjordan.com 74
Jordan Tourism Board Address: Jabal Amman / Between the 4th & 5th circle /Tunis St. Ammon Complex / Century Park Hotel, Duty Free Shop Building Tel: +962 6 5677856 Direct Tel: +962 6 5677856 Direct Tel: +962 6 5678444 Ext:103
Top Touristic Sites
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Greece… A country you have to visit! Greece is the land of rich culture, great hospitality, amazing food and infinite sunny beaches. From the ancient times, Greece has always had great relations with the countries of the East and this is apparent to the cultural similarities that can be found between Greece and the Arab world.
Feel like home… Truth be told, hospitality is what Greeks are best at. The Greek Tourism Sector is one of the strongest and the tourism infrastructure is state-of-the-art. Hotels, luxury resorts, villas, furnished apartments and more. For couples or families, for business or leisure, Greece offers facilities that cater every need. Just take your pick and enjoy the hospitality.
Vitamin Sea… Greece can rightfully boast of having some of best beaches in the world, and most of them are sandy and shallow, thus perfect for children of every age. You can either find the perfect secluded beach that makes you feel king or queen of the world or enjoy endless beach parties, dancing till the small hours.
The party here never ends… In Greece, your list of entertainment options will never be empty. Theaters, cinemas, operas, exhibitions and festivals, museums for adults and children, water parks, botanical gardens, cruises, concerts, restaurants, bars, pubs, cafés, casinos are only some of the suggestions you can explore to make your trip a life experience. As for the nightlife, the choices are infinite. Vacationing in Greece is an endless party; come and dance the night away!
Shop to your heart’s content… If you are interested in shopping, in Greece you will surely find something that you will love. A variety of stores, outlets and malls gives the visitor the opportunity to shop to their heart’s content. There is a great selection of the most high-value brands and haute couture stores from Greek and International companies, where you can take advantage of the VAT-free rates and enjoy the stores’ special discount seasons, four times per year, and save up to 70%.
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Food for the soul… One thing you should know about Greeks is that they love food. In Greece, you will have the chance to taste a variety of International cuisines, apart from the traditional Greek one of course, and in Athens you may also find a good selection of Halal restaurants.
Travel through time… Don’t miss the opportunity to visit at least one of the numerous museums and archaeological sites in Greece. You can catch glimpses of Ancient Greece almost everywhere as the rich heritage and culture of this country attracts the visitor. Visit the museums, travel in time and get to know the history of Greece. It will surely enchant you.
Make Greece your home… Greece is ready to welcome you. You can invest in the Greek real estate and acquire a house property in Greece. According to the new Greek law of 2013, foreign citizens with a house property in Greece are provided with a Residence Permit. So take the leap from visitor to resident now!
Exchange vows of eternal love… A wedding in Greece is a dream wedding! Let the mesmerizing sea and the romantic sunset be the background of the happiest day of your life. Don’t worry about the organizing; just take your other half and enjoy the first days of your life together.
Greece awaits you… Greece looks forward to welcoming all visitors and provide them a life experience like no other by catering to their every need and letting them experience the marvelous present through a magnificent past.
Mideast Travel Worldwide is the guide you need to make your experience in Greece unforgettable! Our more than 30-year experience, “We Care” philosophy and expert team are the guarantees for a smooth sailing travel. Let us make the perfect hotel reservation for you and your family, take care of the most comfortable trip for you, give you tips for the beaches you shouldn’t miss, book you tickets for the best shows, guide you through adventurous activities, alert you for the best offers, introduce you to the fine art of the Greek and International cuisines, guide you through place and time, organize your dream wedding and trust us to find the best opportunities for your new home. Travel to Greece with Mideast and one thing is sure; you will come back soon. Mideast Travel Worldwide Tel: 0030 211 211 8888 Fax: 0030 210 642 6147 Email: mideast@mideast.gr
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Moderator Mr. Harris Ntigrintakis Journalist at Eleftheros Typos newspaper Editor in Chief Travel Magazine of Eleftheros Typos and tourismtoday.gr Greece Mr. Harris Ntigrintakis has 20 years of experience in journalism and was the Editor-in-Chief at the newspaper Ependytis from 1993 to 2013 and he was a journalist at newspaper Ependysi, on Planet FM, SBC Channel, Mega TV etc. Mr. Ntigrintakis has a professional career in corporate communications, online marketing and media tourism are among the few fields of his expertise. Since 2006 he has organized and co-organized workshops like the Greek Tourism Workshop (Riyadh, Lebanon, Abu Dhabi), the Greek Medical Tourism (Moscow) and the Greek Tourism & Property (Moscow, London). He has graduated from Athens University with a Bachelors Degree in Economics and he holds a Master’s Degree from University of Stirling.
Speaker H.E. Mr. Mamdouh M. Hanafy Morsy Deputy Minister –Ministry of Investment Chairman of the Investment Authority in Alexandria Egypt His Excellency has participated in various investment conferences locally and internationally. He is Board Member of the Higher Investment Authority at the Governorate of Beheira, Alexandria and Matrouh. He is also a Board Member of several professional associations, all related to investment affairs. His Excellency holds a Master’s degree in Public Administration from the Academy for Science, Technology and Maritime Transport.
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Speaker Mr. Velissarios Dotsis CEO Enterprise Greece Greece Mr. Velissarios Dotsis assumed his duties as CEO of Enterprise Greece in April 2015. From 1998 to 2015, he has worked in the private sector in various high level management positions. He is a seasoned Business Development Executive with extensive experience in international sales and business development. At his various positions, he has led the capture management efforts, won contracts and carried out operations startup activities. He has developed and coordinated highly motivated teams from multiple domains, including international networks of sales executives and consultants, in order to achieve goals of growth and profitability. He served as a BoD member and General Director in companies abroad. From 1997-2003, he completed a PhD courses program in NTUA and worked at the EURATOM — NTUA Association as a Research Associate for the European Nuclear Fusion Program. Mr. Velissarios Dotsis holds a degree in Electrical and Computer Engineering from the National Technical University of Athens (NTUA).
Speaker Mr. Elias Khlat Consultant in Development and Public Relations Lebanon Besides being specialized in image related fields, Elias Khlat has been a social activist in Tripoli during the past 30 years of his life, not only by lobbying for causes in direct relation with heritage and culture but also as a humanitarian and relief activist during the times of clashes and had led many non-violent initiatives during the past seven years in Tripoli. He managed a school of tourism in Lebanon for 10 years where he taught Marketing and Tourism Policies. Today, he is a “Consultant in Development and Public Relations”, Founder and President of “Tripoli Foundation” (NGO) as well as the “Tripoli Film Festival”. He was born in 1965 in Tripoli, Lebanon.
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Speaker Prof. Manos Konsolas Dodecanese Member of Parliament in Greece Head of Tourism Policy of Nea Demokratia Associate Professor of the Aegean University Greece Manos Konsolas was born in Karpathos. He is a Dodecanese Member of Parliament of NEA DEMOKRATIA, the liberalconservative political party in Greece and the Head of Tourism Policy of NEA DEMOKRATIA. He is, also, Associate Professor in School of Humanities of the Aegean University. In the elections of May 6, 2012, was elected Dodecanese Member of Parliament for the first time and, in the elections that followed on 17 June, reelected. In the elections of January 25, 2015, he was re-elected Dodecanese Member of Parliament. He is a member of the Standing Committee on Educational Affairs, the Special Permanent Committee of Hellenes Abroad, the Special Standing Committee on Road Safety and the Committee on the Library of Parliament. During his tenure in Hellenic Parliament was elected Secretary of the Standing Committee on Educational Affairs, Secretary to the Special Permanent Committee on Greeks Abroad and was a member of the Special Committee for Research and Technology, the Committee on Parliamentary Library, the National Defense Committee and the Economic Affairs Committee of Hellenic Parliament. He was also President of the Youth Parliament.
Speaker Mr. Dimitris Tryfonopoulos Secretary-General The Greek National Tourism Organization (GNTO) Greece Dimitris Tryfonopoulos was born in Athens, Greece. His 24 years of service with Greek and multinational companies of the private sector included responsibility for portfolios at senior and senior executive level. His expertise is mainly focused on the Banking and Insurance sector, as well as on the automobile & cosmetics market. He has been appointed as the Secretary-General of The Greek National Tourism Organization (GNTO) and took office on 1 November 2015. He holds an MBA degree (Master in Business Administration) from the Louisville Kentucky University, USA. The Secretary- General speaks English and French. He is married and he has one daughter.
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Session 4 Food Processing Industry: The Greek Experience & Potential for Collaboration with Arab Countries
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NORTH AEGEAN SEA CANNERIES
● N.A.S.C. was established in 1987, and is a 100% Greek and privately owned industrial seafood company. ● We employ 200 people, our core business being the processing of seafood, with a versatile and extremely flexible production plant for canned, chilled and frozen seafood, which is one of the most technologically advanced facilities in Europe. Having a daily production capacity of 200.000 cans. Annual turnover €30 million. ● Other activities are the trading of canned products, such as vegetables, and meat and exports to 20 countries. ● ISO 9001, 22000, 14001, HACCP, BRC grade A and IFS certified. ● N.A.S.C. has a wide product range of superior quality, tasteful products that focus on consumer needs, safety, sustainable growth and environmental care. ● Canned seafood range: Aegean sea sardines and anchovies, tuna fish and tuna salads, herring, mackerel, octopus and squid, organic anchovies, sardines and tuna. ● Chilled seafood range: Anchovy, herring and mackerel fillets, octopus and seafood mix. ● Frozen seafood range: Sardines and Anchovies fillets, Tuna fillets, Tuna balls, Squid. ● None of the fish species we pack are endangered. Our methods are dolphin-friendly, albatross-friendly and shark-friendly. ● Easy to serve, everyday eating alternatives based on the healthy Mediterranean diet, formulates the essence of our marketing strategy world wide. Great quality sea food combined with virgin olive oil and herbs constitutes the basis of what we call the Mediterranean eating.
Brands
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Product Range
Our Greek Passport
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Moderator Mr. Charalampos Floridis Chairman of the Board of Directors Floridis S.A. Greece Mr. Charalampos Floridis was born in Thessaloniki, in 1960. He followed the steps of his family, a third-generation family involved in the meat industry. So, he started his successful trajectory in the Meat market sector in 1980 with his brother Ioannis. In 2010, a new proprietary factory was created by FLORIDIS SA, covering a total surface of 10,500 m2, equipped with the most modern machinery and a 2,500-ton storage area. As for his personal life, his greatest happiness is his family: his adorable wife Nikoletta and his children, Konstantina, Marianna and Konstantinos. He is always trying to have free time to devote to his family, passing along pleasant moments.
Speaker
H.E. Mr. Yiannis Tsironis Alternate Minister of Rural Development and Food Greece Yiannis Tsironis was born in Athens in 1958. He is married and a father of three children. Yiannis Tsironis has studied Chemistry and was very active in the students’ political movement in the late 70’s -early 80’s. Realizing that political ecology was the only radical alternative he became a founding member of the EKO - “Alternative Ecological Movement” of Athens in 1983. He remains active in the green movement since then, mainly in the fields of education and training. He is a founding member of the “Oikologoi Prasinoi” (Ecologists Greens), where he is currently an elected member of the party’s Pan-Hellenic Council as well as the editor of the party newspaper “Prasini Politiki” (Green Politics). He was the Greek delegate at the Council of the E.F.G.P. / European Green Party from 1999 until 2006. He has been the party’s male Spokesperson in 2011 and the party’s coordinator since late 2013 until his appointment as a minister in January 2015. From January 2015 until October 2016 was Alternate Minister of Environment and Energy Ministry. 84
Speaker Mr. Thomas Tzikas President & Member of Board of Directors North Aegean Sea Canneries S.A. & Member of the Board of Directors Arab – Hellenic Chamber of Commerce and Development Greece Mr. Thomas Tzikas is a shareholder in, President and Member of the Board of Directors in North Aegean Sea Canneries S.A. and Member of the Board of Directors in the “Association of Greek Food Companies”. Mr. Tzikas was elected as Member of the Board of Directors of the Arab-Hellenic Chamber in September 2016. He holds a BA of Arts with a Major in History from Bowdoin College, Maine U.S.A. He was born in 1950.
Speaker Mr. Thanassis Skordas Mr. Thanassis Skordas Chairman of the Board, Selonda Aquaculture S.A. & Former Deputy Minister, Ministry of Development & Competitiveness Greece Athanassios Skordas holds a bachelor degree in Economics from the Athens University of Economics and Business (AUEB), with a major in International Economics Relations. He has worked as an insurance agent and at the same time he took an active part in the foundation and operation of financial and insurance companies. He has been a seminar leader on sales and insurance work organization at the Greek Insurance Studies Institute and at the Financial Studies Institute. He has been elected as President of the Pan-Hellenic Insurance Consultants Association from 2000 to March 2004. From 2004 to 2009 he served as Secretary General for Consumer Affairs at the Ministry of Development, Secretary General of the Region of Sterea Ellada and Secretary General at Ministry of Finance of Greece. From the summer of 2012 since the summer of 2014 he served as Deputy Minister at the Ministry of Development & Competitiveness, responsible for Trade and Industry. He is currently Chairman of the Board of the “Selonda Aquaculture SA” Company which is listed on the Athens Stock Exchange. He was born in 1965, he is married and father of two children.
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Speaker Mr. Stefanos Kyrlis Owner of “Physis Ergo Ltd.” & President Wholesellers Union of Athens Central Fresh Fruits and Vegetables Market & Member of the Board of Directors Arab – Hellenic Chamber of Commerce and Development Greece Owner of “Physis Ergo Ltd.”, a fresh vegetables and fruits wholesale trading company. Mr. Kyrlis is the President of Wholesellers Union of Athens Central Fresh Fruits and Vegetables Market (650 members). Since September 2016, he is a Member of the Board of Directors of the Arab-Hellenic Chamber. He holds a Master’s in Chemical Engineering from the National Technical University of Athens (NTUA).
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PUBLISHED BY EDITOR
ARAB-HELLENIC CHAMBER OF COMMERCE AND DEVELOPMENT 180-182, Kifissias Ave. 154 51 Î?. Psychico, Athens, Greece Tel.: +30 210 6711 210 /+30 210 6726 882 Fax: +30 210 6746 577 chamber@arabgreekchamber.gr www.arabhellenicchamber.gr Harris Geronikolas, President Rashad Mabger, Secretary General The publication of this Brochure is a free service provided by the Arab-Hellenic Chamber to its members and nonmembers. Any possible mistake or omission from the part of the Chamber is not intentional and the Chamber will not have any responsibility whatsoever. The LOGO is a registered trademark and is owned by the Arab-Hellenic Chamber of Commerce & Development. Any unauthorized use or publication of the trademarks or images contained in this Directory is not permitted. The Chamber retains the right to apply technical or aesthetic modifications and they may change at any time without prior notice. Distributed for free. For any information please contact: chamber@arabgreekchamber.gr Copyright: Arab-Hellenic Chamber of Commerce & Development 2016. All Rights Reserved.
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DATE OF COMPLETION 24th November 2016