Cyprus Investment Promotion Agency

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
Societe Generale Cyprus Ltd
Amdocs: Research and Development Centre in Cyprus

Investment Opportunities

General Information

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

Advanced telecommunications network and infrastructure

Advanced telecommunications network and infrastructure

Transportation

Two international airports, a modern road network and multipurpose port facilities have long established Cyprus as a commercial, financial and business center in the region. More than 33 Airlines operate scheduled fl ights from and to Larnaca International Airport (5 km from Larnaca town centre) and Pafos International Airport (15 km east of Pafos town).
 
A new airport in Paphos was inaugurated in Nov. 2008 increasing capacity by 58%. The new airport in Larnaca is expected to begin operations in late 2009, increasing arrival capacity up to 9 million passengers per year. One can be in London, Moscow or Dubai in about four hours from Cyprus!With shipping accounting to 4% of the GDP of Cyprus, ports and shipping terminals are critical components of this contribution.
 
Shipping
Cyprus has one deep-sea port in Lemesos which expands over 1.3 square kilometers. Operations have begun to also transform the Larnaca port into the second deep-sea port on the island. There is also a shipping terminal at Vasilikos, close to Lemesos. During 2007, 5466 ships called at Cyprus ports. Given its location and infrastructure, Cyprus welcomes investment to strengthen capacity and growth in logistics.
 
Telecommunications
Considerable investment has been made into transforming the island into a telecommunications hub for the region. Cyprus is connected to a number of advanced technology submarine cables which provide excellent connectivity to Europe, the Middle East and Asia. In addition, seven satellite earth stations provide further satellite telecommunications connectivity making it easy for companies to locate here and be connected globally through an advanced and reliable communications network.
 

"The location of the centre in Cyprus with its attractive climate,well-developed
infrastructure and proximity to both Europe and the Middle East
will promote the active and sustained involvement of Harvard faculty in the programme ”

Dr. Kazem Behbehani,
Assistant Director-General,
World Health Organization


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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