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Jewish Businessmen Invest 500 Million Euros for Tourist Facility, Crete

Jewish businessmen intend to spend the astronomical sum of 500 million euros in order to build an area of ​​2,500 acres as a large tourist facility in the Peninsula Municipality, Crete.

This facility will include a very luxury hotel, tourist parks, shopping and exhibition centers, and will work as a tourist destination throughout the year. The purpose of the investment is to welcome another 500,000 tourists annually to Crete, who used to prefer Antalya, Turkey for their vacations.
The foreign businessmen are now waiting for an immediate response from the Greek government, so as to move into their business activities in short-term procedures. This new project will undoubtedly boost the economy of Crete and the rest of Greece. To note that the investment will be based on global standards, as they have been working on the concept of the hotel for nearly twenty years.
As local bodies and all those who will be involved in the project believe, the whole investment will strengthen the local economy and will be the precursor to reopen the way to the inflow of foreign capital in Greece.

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