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The British Minoan Group Plc expects within the month the presidential decree BUSINESS 14:55 Foreign investors who insist and now Greek ELIAS BELLOS LABELS: Despite the worsening economic climate and political and institutional uncertainty plaguing the country for six months, a significant number of foreign groups appear determined to continue to pursue investments in Greece. Whether a new project or to expand existing ones. The majority of these investors reckon geopolitical reasons, as strong competitive advantages of the country in specific areas, strengthen their plans to "antibodies" against the worst scenarios. But remain alert and are warning at every opportunity that should not be considered inexhaustible their patience. This group of "persistent investor" includes groups such as the American Third Point, the Canadian Fairfax Financial and Eldorado Gold, German Fraport, the Chinese Cocso, the Danish Maersk, the British Minoan Group Plc, the Turkish Dogus, the Russian RZD, American Watco Companies and Arab investment schemes, such as the Abu Dhabi Investment Council and the state insurance fund of Kuwait.

The British Minoan Group Plc expects within the month the presidential decree would allow it to proceed with the tourist complex development project area 25,000 acres in place Cape Iron Lasithi Crete. The total investment is estimated at 267.7 million. EUR. It is the work "Itanos Gaia" on five luxury hotels with a total capacity 1,936 beds and surrounded by golf courses. The next period is expected the "green light" from the CoE and for tourism development Kilada Hills budget 418 mil. EUR to be held in the Valley area of ​​the Municipality Ermionidas in an area of ​​2,000 acres. The project envisages the creation of hotel, holiday homes and golf course. The investment made by the Mindcompass Overseas, a subsidiary of Dolphin Capital Investors Ltd, which participates known US private equity Third Point. The Third Point also participates with about 40% and Energean Oil & Gas, which has ongoing investment program of 160 million. Euro in the Gulf of Kavala, targeting 30 million. Barrels of oil, which are confirmed deposits. Under this program purchased and drillship that will hold seven boreholes in Prinos, another seven to deposit Epsilon and once in the North Prinos. The company also progressing the research process in the areas of Ioannina and Katakolon, based on concessions approved in September by the House.

Tourism Returning again to tourism, noteworthy is the emerging new investment plan, according to information- preparing to submit to the Astir Palace, after the blockade of the CoE in the previous plan, the investment scheme in which it holds a 33.75% Turkish Dogus and smaller percentages the Abu Dhabi Investment Council, the state insurance fund of Kuwait and other Arab interests. The price for the Star recalled that 400 mil. EUR and the total investment amounts to the level of 700-800 million. Recall that Dogus went a few weeks ago and other investments in Greece. In particular, the Turkish group increased its shareholding in K & G Management Marinas Mediterranean SA Controls are the 90.37% of K & G, which holds 51% of the marina of Gouvia in Corfu, 27% of the marina of Lefkada, 23% of Zea and 60% of Kalamata marina. It also checks with the Lamda Development 50% of the marina Flisvos and participates in the competition of HRADF for granting marina Alimos supplied with shelters boats in Poros, Hydra and New Epidaurus. The contest is in its second phase. On the issue of ports certainly identified and the two most typical cases "persistent investors." This is the Chinese Cosco which claimed 67.7% of the share capital of PPA and the Danish Maersk which participates in the same competition and the corresponding to the port of Thessaloniki, where is the most prevalent contenders. Finally, still alive, according to sources TAIPED- and interest of Russian RZD and the American Watco Companies for TRAINOSE. It is worth noting that the Minister of Defence Mr. P. Glowing in 2 different reports at the end of the week he spoke of any concession agreements to private rail services, Thriasio and Piraeus Port.}