An Egyptian billionaire says he wants to buy an empty island from Greece or Italy for Middle Eastern immigrants.

Naguib Sawiris, a telecon CEO, said, “there is no limit’’ to what he’d pay for an island that could accommodate up to 200,000 refugees, CNN reported.

“It’s a very simple solution,” he told the network Friday. “They sell the island to me and I’ll make a temporary shelter for these people.

“I’ll make a small port or marina for the boats to land there. I’ll employ the people to build their own homes, their schools, a hospital, a university, a hotel.” They’d be free to stay there or return home at any time, he said.