The Cyprus Council of Economy and Competitiveness presented today, at the Council of Ministers, the new Long-Term Strategy for the Sustainable Development of the Cyprus Economy, entitled "Vision 2035", the essence of which is the development and establishment of Cyprus as one of the best places in the world to live, work and do business.
Vision 2035 is not based on the conformity or vision of an individual, a political party or a Government, but is a vision of Cyprus as a whole, shaping its future by listening to the needs of international conditions, the global economy and exploiting its own strengths and specificities. As such, the Strategy is a holistic nationwide focus and its strategic objectives are to establish Cyprus as a global model nation with effective structures and transparent processes, to achieve a thriving, sustainable and resilient economy and to complete a just and inclusive social environment.
The Strategy aims at Cyprus' transition to a new, modern economic model through which institutional changes, major reforms and productive investments are promoted, aiming at the long-term sustainability, competitiveness and resilience of the economy.
The Strategy is accompanied by an Action Plan that includes 242 actions to strengthen the country's economy, but also to ensure the well-being of all citizens through the development of innovation, digitisation and use of new technologies, green growth, diversification and intensification of manufacturing, upgrading and specialisation of tourism, upgrading of education and provision of educational services, support and deepening of maritime and professional services. It also includes policies for a just and inclusive society with a world-class education system and an excellent and accessible health system.
It is noted that many of the objectives and directions of the Long-Term Strategy are already on track for implementation, while a number of others have enriched the programming for the 2021-2027 Th.Al.E.I.A. programme, as well as for the Recovery and Resilience Plan, and are part of the National Plan "Cyprus-Tomorrow".
To ensure the implementation of the Strategy, the mechanism for its implementation in cooperation with all Ministries and stakeholders of the state and private sector, as well as the way of monitoring its progress and reviewing it, has already been established by a decision of the Council of Ministers.
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