Cyprus is experiencing a surge in foreign investment, with approximately 200 international companies establishing operations in the country during the first half of the year.
These investments have created 1,200 new jobs across various sectors, highlighting Cyprus as an attractive destination for global businesses. Notably, companies from outside the European Union are increasingly using Cyprus as a gateway to Europe, reinforcing its status as a regional hub.
The Cyprus Investment Promotion Agency (Invest Cyprus) attributes this success to targeted promotional campaigns showcasing the country’s stability, business-friendly environment, and attractive incentives.
According to CEO Marios Tannousis, the organization has made significant strides in drawing companies from diverse markets. These efforts have also encouraged existing foreign businesses to expand their local operations.
Invest Cyprus has actively marketed the country through 65 conferences and events in 19 countries, emphasizing its mix of security, stability, and competitive advantages.
