Buy Invest In Conference Centres

Invest In Conference Centres
Greece's climate, natural beauty and history make it an ideal place for conferences and conventions catering to academic, business or cultural markets. Greece provides additional advantages for conference tourism (year-round sightseeing) and has made conference centres the focal point of its revised tourism policy. Local governments and the business community fully support this policy.

At present Greece has four small conference centres in Athens, two in Thessaloniki, and a few in other parts of Greece, including the larger islands. In Athens, however, there are also five exhibition centres, which also provide conference facilities. Usually though conferences are held in the larger hotels with conference facilities. It is obvious that the development of conference centres is a high priority in view of the upcoming 2004 Olympic Games in Athens. An initial call for interest, has already been announced by ETA, for the development of a major conference centre in the southern Athens area.

Incentives for Conference Centre Investments (under Law 2601/98)
Cash grant 40%
Loan interest subsidy 40%
Leasing subsidy 40%
Or
Tax allowance 100%
Loan interest subsidy 40%

Investment Incentives for Conference Centre as part of a Hotel (under Law 2601/98)
Cash grant 35%
Loan interest subsidy 35%
Leasing subsidy 35%
Or
Tax allowance 70%
Loan interest subsidy 35%