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Hellenic Republic Asset Development Fund is a pillar of growth, contributes 5% of GDP | TheGreekDeal.com
Panagiotis Stamboulidis
Hellenic Republic Asset Development Fund is a pillar of growth, contributes 5% of GDP
Hellenic Republic Asset Development Fund contribution to Greece's GDP is 5% according to its Executive Director Mr. Panagiotis Stamboulidis.
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Panagiotis Stamboulidis, Executive Director HRADF

The critical issue of attracting investment in the country was the focus of the discussion on "Greek Turnaround: Charting a Course Towards Sustainable Economic Growth" at the 9th Delphi Economic Forum.

For his part, the Executive Director of the Hellenic Republic Asset Development Fund, Panagiotis Stamboulidis said that the fund contributes to 5% of GDP and acts as a key pillar of the country's development. He underlined that a number of important investments have been made in the context of the privatizations it implements. He underlined the contribution of the Strategic Contracts Unit to maturing complex projects.

As he said, it has already matured projects of 2.5 billion euros and is expected to reach 3.5 billion euros, while he estimated that in the next period the unit will become the recipient of other public contracts.

"There is great potential in Greece," said Macquarie's Managing Director, Mr. Bjonerud, referring to the investments the group has already made in the country. The government, he said, supports this momentum by promoting initiatives that enhance transparency, cohesion, and stability and actively support the vision of what the country wants to become. "In recent years, we have seen growth in the economy and credibility," he stressed, noting the opportunities generated by Artificial Intelligence and new technologies in energy, while highlighting the country's wealth of resources that can support the transition to a green economy.

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