TAP Participates in the Capital Annual Invest in Greece Forum
For the 18th year in a row, the Capital Annual Invest in Greece Forum took place in New York on December 12, 2016.
For the 18th year in a row, the Capital Annual Invest in Greece Forum took place in New York on December 12, 2016. The conference, attended by more than 1,300 delegates from the entire spectrum of financial, investment and business communities, finished with an official dinner in honour of Mr. W. Ross who will be the new Minister of Trade.
The Forum was organised in cooperation with the New York Stock Exchange, seven global investment banks (Citi, Bank of America Merrill Lynch, BNP Paribas, Credit Suisse, Deutsche Bank, Goldman Sachs, UBS), the Greek Investment Bank Axia Ventures Group and EY.
Rikard Scoufias, Country Manager Greece spoke durin the panel discussion “Energy Sector: Trends, Developments & Outlook”, highlighting: “The Trans Adriatic Pipeline is an energy infrastructure project, currently implemented in Greece, Albania and Italy, funded by an international consortium of established companies. Part of the extensive Southern Gas Corridor, TAP is a c.€2 bn direct foreign investment, facilitating the EU goal of energy diversification, transforming Greece and South-eastern Europe into a true energy hub, contributing to the area’s development and growth and employing the services of local companies, enriching their expertise and generating jobs.
Furthermore, its realisation serves as a roadmap for successful future endeavours, enhancing investor confidence in the country, and paving the way for further large-scale investments. As of May 2016, the TAP project has entered its construction phase leveraging the support of competent State authorities, local administration and communities, and building on its values of collaboration, compliance with stringent international standards, commitment to local societies and effort. The message TAP’s implementation conveys is simple and strong: Greece offers investment and business opportunities, provided that the pertinent investment plans are drafted and executed with care, dedication and respect towards local communities.”