REUTERS/Amr Abdallah Dalsh
Naguib Sawiris, the owner of an Egyptian TV channel and chief of telecoms company Orascom, first tweeted his idea, writing: "Greece or Italy sell me an island, I'll call its independence and host the migrants and provide jobs for them building their new country."
He confirmed in an interview later that he would approach those governments, saying the idea is feasible.
"You have dozens of islands which are deserted and could accommodate hundreds of thousands of refugees," said Sawiris. He said that, although an island would cost up to $100 million, the "main thing is investment in infrastructure."
More than 2,ooo people have died at sea trying to reach Europe since January. Many came from Syria, which is into its fifth year of internal conflict.
British Prime Minister David Cameron announced Friday that the
Cameron said the Britain "will act with our head and our heart."