Cyprus Investment Promotion Agency
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Investment Opportunities

General Information

We welcome investment opportunities in the key sectors outlined in the site.

Upcoming Events

Cyprus Regional Franchise Conference Oct 14, 2010

Success Stories

Nest Investments Holdings (Cyprus) Ltd
NCR Middle East/Africa Area
Kardex Systems Ltd
FBME Bank Ltd.

Energy

Energy

Cyprus is committed to:

  • Ensuring Security of Energy Supply
  • Protecting the Environment
  • Fostering Healthy Competition in the Energy Sector
  • Encouraging Development of renewable energy technologies and production
Sector Synopsis
  • Cyprus ranks number one in the world in solar energy use for water heating in households.
  • 1.96 million toe (tons of oil equivalent) were consumed in 2009
  • 2.6% increase in energy consumption (2000-2009)
  • €20,33 million were given by a special fund created by the Goverment to promote the use of Renewable Energy Sources in 2009
  • 4.9% of the national energy needs in 2009 were met through Renewable Energy Sources
  • 6.8% increase in electricity consumption (2000-2009)
 
Regulatory Framework

Latest News

Cyprus ranked 40th out of 183 countries in DoingBusinessReport 2010 - Sep 08, 2009
CIPA calls for constructive dialogue - Aug 03, 2009
Cyprus Finance Ministry and CIPA to formulate action plan on FDI - Jul 30, 2009

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