Invest Cyprus annual meeting highlights investment growth

Finance Minister Makis Keravnos addressed the annual general meeting of Invest Cyprus, reaffirming the organization's role in establishing the nation as a competitive investment destination. He noted that despite geopolitical uncertainties, the ministry remains committed to supporting the agency's initiatives. Keravnos highlighted significant 2025 outreach programs aimed at strengthening ties with strategic partners, specifically India and the United Arab Emirates. He reported that foreign investment remains robust, noting that gross foreign investment inflows reached 8.5 billion euros in 2024. Consequently, Cyprus ranked second in the European Union for foreign direct investment per capita and among the top ten countries globally. Furthermore, the minister pointed to the influx of foreign technology firms as a catalyst for improved productivity, innovation, and local research capabilities.