Industry: Industry Region: Greece Transaction Price: Not Disclosed Trading Method: Transfer by Agreement
DESCRIPTION: ASTAMOS PORT BONDED INDUSTRIAL PARK LOCATED ON THE WEST COAST OF GREEK IS A PORT INDUSTRIAL PARK WITH BONDED FUNCTION IN GREECE. The west coast of Greece is close to Suez-Gibraltar, the main international maritime transport corridor, and is the transportation hub of the "EU-Greece-Eastern Europe" axis in southern Europe.
DETAILS: ADJACENT TO THE BAY OF PATIYIALI AND 7 KILOMETERS NORTH OF THE CITY OF ASTAKOS IN THE PROVINCE OF ATOLOAKARNANIA IN WESTERN GREEK, ASTAKOS HAS A DEEP-WATER PORT AND AN EXTENSIVE INLAND TRANSPORTATION NETWORK ON WHICH IT DEPENDS, AND HAS A COMPLETE INFRASTRUCTURE SUCH AS WATER SUPPLY, SEWERAGE AND COMMUNICATIONS, MAKING IT CAPABLE OF FACING THE COMPETITION OF ANY PORT IN THE MEDITERRANEAN. The total area is 1.66 million square meters, of which the port area is about 400,000 square meters. According to the characteristics of the port industrial park, the more suitable business activities for operating here are: shipping, warehousing, processing of raw materials and production of final products. According to the relevant Greek laws, companies established in the bonded industrial park in the port will enjoy the following preferential conditions: (1) exemption from import duties and other relevant taxes, and no import quantity restrictions and other similar trade restrictions, and enterprises operate duty-free. (2) Compared with building a factory outside the park, you can enjoy more favorable conditions for building a factory. (3) Companies established in the bonded industrial park will enjoy a government subsidy of 30% of their investment amount and will be exempt from tax for the first 5 years.
Greece's Investment Promotion Law divides the encouraged industries into two categories, and different industries enjoy different preferential policies in different regions, specifically:
【Category 1】Includes the following 8 situations:
(1) Network, communication, software development, high-tech services, laboratories;
(2) Construction of transportation infrastructure such as parking lots, transportation of islands and remote areas;
(3) Construction of tourism facilities such as two-star hotels, conference centers, ski resorts, golf courses, health centers, sports centers and yachts;
(4) logistics services, joint venture business centers and logistics centers;
(5) Clean energy power generation, new energy development and utilization, environmental protection and energy conservation projects;
(6) leather manufacturing relocation from the regions of Attica, Thessaloniki and Chania to industrial parks;
(7) Technology and equipment introduced to improve product quality;
(8) Some industries with an investment period of 2-5 years, such as investments to enhance international competitiveness, promote and produce brand-name products, and move production and R&D to Greece.
【Category 2】Includes the following 5 situations:
(1) Industrial primary product processing;
(2) Agricultural product processing, agricultural machinery procurement and development of modern agriculture;
(3) mining and marble processing;
(4) Thermal energy development, storage and transportation of biofuels, liquid fuels and liquefied gas;
(5) Expansion of hotels with 3 stars or more, investment in theme parks, highways for tourism development, arts and crafts centers, etc.
There are no special regulations on the ways and means of foreign investment in Greece, and the mergers and acquisitions of local enterprises by foreign natural persons and foreign companies or the acquisition of listed companies are subject to the same laws and regulations as local enterprises.