Leading representatives of the political, business, and investment communities from Greece and abroad gathered in Athens on June 22 for the third consecutive year for the Growthfund Investor Summit 2026. Under the theme, “Navigating the New Geoeconomic Order: Greece as a Strategic Hub for Capital and Growth,” the summit highlighted the opportunities emerging for Greece from the evolving global geoeconomic landscape. Discussions focused on the forces shaping the next chapter of growth for the Greek economy, spanning investments and strategic infrastructure, artificial intelligence, energy, innovation, and tourism.

Growthfund, the National Fund of Greece, is the asset manager of a major portfolio of state-owned enterprises (https://growthfund.gr/en/)
Deputy Prime Minister Kostis Hatzidakis delivered the opening remarks, while Digital Governance Minister Dimitris Papastergiou and Infrastructure and Transport Minister Christos Dimas also spoke at the event. The summit concluded with an address by National Economy and Finance Minister and Eurogroup President Kyriakos Pierrakakis. Representatives of major international organisations and investment institutions also took part, including the European Stability Mechanism (ESM), the US International Development Finance Corporation (DFC), the European Investment Bank (EIB) and the International Congress and Convention Association (ICCA), along with executives from leading Greek and international corporate groups.
(Source: https://www.amna.gr/en/ , https://www.naftemporiki.gr/english/ )


Deputy Prime Minister Kostis Hatzidakis stated at the GFI Summit 2026, among others, that the Greek Innovation and Infrastructure Fund is now fully operational, with its first investment in digital infrastructure expected to be announced shortly. The Fund aims to mobilize more than €1 billion in investments over the next three years, while projects financed in the longer term are expected to reach €20 billion. He noted that the Fund, established under Law 5131/2024, forms part of a broader reform of Growthfund and its subsidiaries, supporting co-investments in strategic sectors and strengthening Greece’s development prospects. This is an instrument that has existed for years in most European countries but was missing from Greece. “Growthfund is no longer a vehicle serving the repayment of public debt; it is gradually being transformed into a major national development fund,” he said. Hatzidakis also highlighted the progress achieved by Growthfund and its subsidiaries in upgrading public services, improving the management of public assets, and accelerating investments in strategic infrastructure through the Strategic Contracts Unit.
Kostis Hatzidakis highlighted investors’ strong confidence in the Greek economy, noting that Foreign Direct Investment has exceeded €44 billion since 2019 and that Greece has recorded the highest increase in investment in the EU over the same period. He stressed that the country is increasingly attracting long-term capital and establishing itself as a stable and reliable investment destination.
He also announced the signing of the concession agreement for Kalamata International Airport with the consortium of Fraport, Delta Airport Investments, and PILEAS Holdings. The project is of particular importance for Messinia and the Peloponnese as a whole and is expected to upgrade the airport’s infrastructure and services, create jobs, and boost the local economy, while complementing the successful concession model already implemented at Greece’s 14 regional airports and soon to be extended to 22 smaller regional airports.
(Source: https://www.amna.gr/)

Concession agreement for Kalamata International Airport

The panel “Scaling Up Greece’s Investments Pipeline” brought together Giannis Papachristou, CEO of Growthfund, Nikos Stathopoulos, Chairman of Europe at BC Partners, and Giovanni Callegari, Head of Economic Risk Analysis at the European Stability Mechanism (ESM). The discussion focused on investment opportunities emerging in Greece and Europe, the role of artificial intelligence, competitiveness challenges, and the conditions needed to create the next generation of business champions, against a backdrop of geopolitical tensions, technological disruption, and evolving global economic challenges.
Giannis Papachristou, CEO of Growthfund, highlighted Greece’s emergence as a pillar of stability and an increasingly important hub for energy, logistics, transportation, and digital infrastructure in the Eastern Mediterranean. He noted that the country’s EU membership, skilled workforce, and strategic location continue to strengthen its investment appeal, while estimating that an additional €15 billion in annual investment is needed to accelerate economic transformation.
Emphasizing Growthfund’s role in attracting capital, Papachristou said investors look for three key factors: credibility, speed, and a strong project pipeline. He pointed to strengthened corporate governance standards, including merit-based board appointments and performance-based management evaluation. He highlighted the contribution of Growthfund’s Strategic Contracts and Projects Unit, which has launched more than 850 tenders, awarded projects worth €2.5 billion, and built a pipeline approaching €10 billion. Papachristou also pointed to the successful listing of Athens International Airport and the improved performance of Growthfund’s portfolio companies, with eight out of ten now profitable. Looking ahead, he said Growthfund is shifting its focus from successful divestments to strategic investments in sectors such as technology, artificial intelligence, and infrastructure. He also highlighted the Invest10 initiative, developed with McKinsey, which identified 30 mature investment opportunities from an initial review of around 100 sectors. The next step is to select ten fully investable projects to be presented to the international investment community.
(Source: https://www.amna.gr/ )

A Memorandum of Understanding between Growthfund and the International Congress and Convention Association (ICCA) was signed as part of Growthfund’s conference. Giannis Papachristou said that Greece has all the conditions to significantly strengthen its position in the global meetings and exhibitions industry. He highlighted the country’s strong brand, strategic geographic location, highly skilled workforce, and rich tourism experience, as well as a unique cultural legacy spanning more than 40 centuries.
(Source: https://www.amna.gr/ )

Dimitris Papastergiou, Minister of Digital Governance and Artificial Intelligence, described the Pharos AI Factory as a tool capable of creating real value, speaking at Growthfund’s Investor Summit 2026. He noted that the initiative will serve as an open hub for artificial intelligence in Greece. “We are not simply building a supercomputer. We are building the country’s capacity to develop, test, and deploy AI solutions with a Greek footprint and in line with European standards,” he said, outlining the structure of the Pharos AI Factory, which is being developed in Lavrio around Greece’s first national supercomputer, Daedalus. Papastergiou added that “Daedalus is only the beginning,” emphasizing that the ecosystem of training, access, and expertise being built around these infrastructures will be expanded through new facilities currently being developed by GRNET in Kozani. “Artificial intelligence requires talent, and Greece has an abundance of it. It also requires data, which is why we recently made available 22,000 open, high-quality datasets through data.gov.gr, as well as the necessary infrastructure,” said Papastergiou, emphasizing the importance of AI for productivity, competitiveness, and the country’s long-term development prospects.
(Source: https://www.amna.gr/ )

Christos Dimas, Minister of Infrastructure and Transport, speaking at the Growthfund Investor Summit 2026, emphasized that strengthening supply chain resilience, facilitating international trade, mitigating the impacts of climate change, and safeguarding the free and secure movement of people and goods are key priorities for Greece. Describing Greece as a “bridge of stability connecting Europe, the Balkans, the Black Sea, the Eastern Mediterranean, and the Middle East,” Dimas highlighted recent efforts to advance regional connectivity. He noted that, during a meeting in Thessaloniki, Greece, Bulgaria, and Romania reaffirmed their commitment to completing the Black Sea–Aegean axis as part of the Baltic–Black Sea–Aegean (BBA) Corridor. He also said he held discussions with representatives from the Western Balkans, Moldova, Ukraine, as well as investors and financial institutions, on accelerating the infrastructure projects needed to ensure the smooth and profitable operation of the Western Balkans–Eastern Mediterranean corridor.
(Source: https://www.amna.gr/ )

Kyriakos Pierrakakis, Minister of National Economy and Finance, announced the renaming of Growthfund to the National Development Fund, describing it as both a symbolic and substantive reflection of Greece’s transformation beyond the crisis years. He said the organization’s mission is now to convert public assets into productive capital, mobilize investment, and support long-term economic growth. “The time is now,” Pierrakakis stressed, calling on Greece to invest, accelerate reforms, and seize new development opportunities.
Pierrakakis said Growthfund’s transformation marks a shift from crisis management to a strategic development role, acting as a catalyst for investment and long-term growth. He noted that Growthfund currently manages assets worth approximately €12.3 billion, with a portfolio of 23 subsidiaries and holdings, operations across 11 strategic sectors of the economy, and more than 25,000 employees within its companies. These assets span critical national infrastructure in energy, transport, logistics, real estate, and networks. Growthfund provides the institutional framework needed to align investments, infrastructure, productivity, and public administration reforms into a coherent engine for long-term economic growth.
Pierrakakis said this is precisely Growthfund’s strategic role: to mobilize capital, mature projects, and accelerate investment in key sectors of the economy. He highlighted the Invest10 initiative, developed jointly by the Ministry of National Economy and Finance, Growthfund, and McKinsey, which identifies priority sectors on both emerging industries—such as semiconductors, data centers, artificial intelligence, digital infrastructure, and high-tech startups—and established strengths, including infrastructure, energy, logistics, agrifood, medical tourism, and the “silver economy.” He also stressed that competitiveness depends on concrete factors such as energy costs, financing access, licensing speed, logistics efficiency, and productivity, with Growthfund positioned at the center of these dynamics as Europe advances integration in capital markets, energy, and infrastructure.
(Source: https://www.amna.gr/)
TAGS: DIGITAL TRANFORMATION | ECONOMY | INVESTMENTS | TECHNOLOGY


