"We will hand over an area to the UN member states in order to build a lodge for conferences," Deputy Foreign Minister Dimitris Mardas on Monday said in statements to Athina 9.84 radio station referring governement's plan to turn the island Aigilia into "a summer Davos."
"We have budgeted the investment at 1.6-2.0 billion euros. The construction cost will be totally covered by the countries interested in building the lodge," he explained. Our aim is to turn this "island of art and philosophy" into an international conference centre with people from all over the world. Mardas noted that the NSRF funds will be 20 billion and investments of 80 billion euros are required. "Medium and large-sized investments are needed. We have focused on attracting foreign investment," he noted.