Cyprus Times

Invest Cyprus Crucial for Attracting Investment, Says Finance Minister

Published March 13, 2026, 17:07
Invest Cyprus Crucial for Attracting Investment, Says Finance Minister

Finance Minister Makis Keravnos emphasized the crucial role of Invest Cyprus in attracting investment and transforming Cyprus into a competitive investment destination. At the Annual General Assembly of Invest Cyprus, the Minister expressed his satisfaction with the organization's work and assured continued close cooperation. He referred to the increase in foreign investment in Cyprus, which in 2024 amounted to €8.5 billion, ranking the country 2nd in the EU in Foreign Direct Investment per capita. Mr. Keravnos underlined the importance of foreign investment for the economic development and resilience of Cyprus, as well as for the creation of new jobs and the introduction of new technologies.