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Foreign investors are climbing the hill of the Presidential Palace

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Foreign investors are climbing the hill of the Presidential Palace

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In view of the recent Action Plan announced by the Ministry of Finance regarding the attraction of international companies, especially in the field of High Technology and Innovation, to expand their activities in Cyprus, YPOIK organizes a round table discussion entitled “Roundtable with the Government of Cyprus: Investors Discuss with the Government of Cyprus the Strategy for Attracting Business and Talent to the Island “, wanting to give the opportunity to foreign investors, who are already active in Cyprus, and other local bodies to discuss with the government and understand the strategy and the actions to be implemented by the government in January 2022.

According to an announcement by YPOIK, at the same time, the participants will have the opportunity to submit their own proposals regarding the further promotion of Cyprus as an attractive investment destination and high-tech business center.

The debate will take place on Friday, November 5, 2021, at 10:00 am, at the Presidential Palace.

The discussion will be opened with a greeting by the President of the Republic, Nikos Anastasiadis, while then foreign investors operating in Cyprus will refer to his own experience from their presence in Cyprus.

In the Roundtable discussion with the Cypriot government, the following are participating on behalf of the Government:

Konstantinos Petridis, Minister of Finance Nikos Nouris, Minister of Interior Natasa Pileidou, Minister of Energy, Trade and Industry Kyriakos Kokkinos, Deputy Minister of Research, Innovation and Digital Policy

It is recalled that based on the Action Plan, emphasis is placed on areas related to, inter alia, High Technology, Shipping, Innovation, Research and Development, Biogenetics and Biotechnology, without excluding any other companies that choose Cyprus as their host country. their work.

“The implementation of the Strategy aims to turn Cyprus in the coming years into an international hub for such companies by offering high and sustainable added value to the economy, through the creation of new jobs and increased demand for domestic services, making this sector an important pillar of the new development model we are planning for the country.

At the same time, it is expected to work positively in strengthening a emerging and highly performing sector of the economy, that of University Education, as it will gradually contribute to the correction of the lack of skills observed in the labor market “, the announcement concludes.

Source: www.philenews.com

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