The need to implement a modern model of sustainable development in Cyprus was discussed by the President of the Democratic Party Nicolas Papadopoulos with members of the Board of Directors of the Association of Large Developers at a meeting held on Monday at the KEBE offices in Nicosia.
According to a statement by the Association, its President Andreas Demetriades expressed his strong concerns about the absence of proper strategic planning, the long-standing problems of the state apparatus that further aggravate the already difficult period we are going through, as well as the lengthy and complex procedures followed by banking institutions.
In addition, Mr. Demetriades referred to the hostile climate that exists in Cyprus towards business and especially towards foreign investors interested in investing in the island, while he conveyed the Association's request for the removal of bureaucracy, distortions and obstacles in order to make Cyprus more friendly in attracting and implementing large investments, which will bring millions of profits to the state's coffers and create thousands of jobs.
For his part, Mr. Papadopoulos stressed, according to the statement, that the Cypriot economy is based on the business environment and the state must support Cypriot businesses in every way possible, as this will be in the interest of the country, while he acknowledged that the long-standing problems of the state apparatus are an obstacle to the implementation of major development projects in the country, which makes fundamental changes necessary and imperative if Cyprus wants to face the challenges before it.
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