Open Cyprus in Europe

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Investment opportunities

What foreign investment opportunities may arise for Cyprus stemming from the Presidency?

Cyprus will receive European and international exposure during its Presidency. We aspire that this exposure, as well as the promotion of the idea of a filoxenos topos, will attract further foreign investment. Cyprus is not only a prime European, but alsoan international business and financial centre, with quality telecommunicationsinfrastructure, as well as a highly qualified and educated labour force. That aspect of Cyprus is expected to become visible to even more people during the Presidency, as the inflow of visitors from all sectors of the economy will have the opportunity to experience this more closely. Cyprus’ strategic location at the crossroads of Europe,North Africa and the Middle East has already gained the interest of foreign investors as it makes it an ideal base for international projects.

Moreover, the role of Cyprus as one of the leading third-party ship management centres in the world will also be highlighted; this will most likely open further opportunities for foreign investment in this field, enhancing the islands image as a fully-fledged shipping centre and maritime nation.

Last, but not least, Cyprus is known for its beauty, climate and diversity of landscape and it is therefore possible that foreign investment in relation to tourism will be attracted-tourism including different forms, such as business and conference tourism, to sports, eco-tourism and medical tourism.

Andreas Mavroyiannis, Deputy Minister to the President of the Republic of Cyprus for European Affairs, talks to Marcus Papadopoulos about the impending Cyprus EU Presidency –

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Ending of PresidencyDecember 31st, 2012
Cyprus presidency of the Council of the European Union

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