Philenews

Invest Cyprus Highlights Strong Investment Performance

Published March 13, 2026, 12:13
Invest Cyprus Highlights Strong Investment Performance

Invest Cyprus presented its results and actions for 2024 and 2025 at its 2026 Annual General Meeting, confirming the strengthening of Cyprus's investment position. In 2024, Cyprus recorded inflows of foreign direct investment of €8.5 billion, up 60%, ranking 2nd in the EU and in the global top ten per capita. A significant investment of €2.6 billion was made in the technology sector, strengthening the country's technology ecosystem. Invest Cyprus contributed to attracting investment, recording 70 letters of intent and promoting 12 large investments, while over 420 companies were established through the Business Support Centre. The first comprehensive study of the economic impact of foreign investment, by the University of Cyprus, showed that new foreign investments contribute 3.3% to GDP and 4% to employment. Technology companies resulting from foreign investment contribute 11% to GDP. In 2025, an extensive international outreach program was implemented, with presidential missions to Canada, New York and San Francisco, as well as a business visit from India. Strategic partnerships were also promoted, such as the India-Greece-Cyprus Business and Investment Council and the establishment of a Business and Investment Council between the UAE and Cyprus. For 2026, Invest Cyprus is focusing on the international promotion of the country through cooperation with the Financial Times and events in London and New York.