Investment Opportunities
General Information
We welcome investment opportunities in the key sectors outlined in the site.
Upcoming Events
Shanghai World Expo 2010, CYPRUS PAVILLION: CIPA-Asian Businesses and Investor Event May 05, 2010
Annual General Assembly, Hilton Park, Nicosia Apr 28, 2010
Success Stories
Columbia Ship Management Ltd.
Kardex Systems Ltd
Uniteam Marine
Amdocs: Research and Development Centre in Cyprus
CIPA Among Top 25 IPAs IN FIAS GIPB 2009 Report
Jun 25, 2009
In June 2009, the Cyprus Investment Promotion Agency (CIPA) achieved a top 25 ranking in the Foreign Investment Advisory Service (FIAS) Global Investment Promotion Benchmarking (GIPB) 2009 survey that evaluated 213 investment promotion agencies worldwide.
FIAS, as the World Bank Group’s Investment Climate Advisory Service, conducted GIPB 2009, the second in a series of confidential biennial reviews investigating the investment promotion capabilities of investment promotion intermediaries (IPIs) worldwide. An Investment Promotion Agency ( IPA) is considered an investment promotion intermediary.
GIPB 2009 assessed 181 national IPIs and 32 sub-national IPIs globally. Independent FIAS consultants appraised IPI websites and the ability of IPIs to manage and respond to investment inquiries based on two contrived investment projects.
According to the FIAS GIPB 2009 report, CIPA’s overall score “represents a strong performance”.
CIPA’s achievement is even more remarkable taking into account its short time in operation and the relatively limited resources at its disposal.
CIPA, operating since January 2008, actively promotes Cyprus as an attractive international investment centre in key priority growth sectors, advocates reform to improve the regulatory and business environment and infrastructure in Cyprus, and provides investor support with after care and development services.
FIAS GIPB 2009 makes a number of specific recommendations for improvement for all the countries evaluated. In relation to CIPA, the recommendations of FIAS aim to further enhance the website and the standard of services provided to investors, particularly in the area of investor care follow up. CIPA has already implemented most of the recommendations and is in the process of addressing those recommendations that are resource intensive.
Latest News
The Cyprus Securities and Exchange Commission approves the application of a Gazprombank affiliate to obtain a Cypriot Investmen
- Jan 20, 2010
Interview with the Cyprus Trade Commissioner in New York, Mr. Aristos Constantine.
- Dec 22, 2009
Cyprus ranked 40th out of 183 countries in DoingBusinessReport 2010
- Sep 08, 2009
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