Information and Communication Technologies (ICT)

One of the priority growth sectors in the Goverment of Cyprus Strategic Development Plan (2007-2013), is Information Communication Technology. Specifically, Cyprus wellcomes FDI to expand and/or develop projects on e-Government, e-Business, e-Learning, e-Inclusion, e-Health and overall ICT services.

• 65.6% increase to households with internet from 2005-2009
• 58% increase to enterprises having broadband from 2006-2009
• In 2008, there were 129 mobile subscriptions per 100 inhabitants
• Cost of local calls: €0,22/10min (EU25=€0.36)
• Cost of national calls: €0,22/10min (EU25=€0.74)
• Cost of calls to the USA: €0,66/10min (EU25=€1.79)

• Established great infrastructure with nodes connecting Cyprus to the rest of the world
• Switching to digital terrestrial TV broadcasting by 2011
• Focusing on Wireless Access System Networks
• Broad array of companies offering a variety of services including 50 software development companies, more than 10 internet service providers, 5 telecommunication companies and 15 web design companies
• Excellent education level of the workforce in Cyprus (32.3% of the workforce of the age group 25-64 in 2010 have completed tertiary education)
• Over 1000 graduates in the fields of mathematics and computing every year
• In the audio, visual and film production services, more than 20 companies are operational, taking advantage of the sunny weather conditions in Cyprus
• Government commitment to further expansion in this sector 

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