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[PIO] Statements of the President of the Republic on the laying of the foundation stone of the American University of Beirut Mediterraneo

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Our country needs to invest in areas such as education, President of the Republic Nicos Christodoulides said today.

In his remarks to journalists, while attending the foundation stone laying ceremony of the American University of Beirut Mediterraneo, in Paphos, the President of the Republic said: "I express my great pleasure and satisfaction to be here to lay the foundation stone of an internationally renowned university institution. It is an indication of the importance that our country (attaches), and that we need to invest in certain sectors, such as that of education.

Important work has been done in recent years, there is a significant contribution to the country's GDP from the education sector, and I am here to express the state's support for such initiatives.

Thank you for the vote of confidence and rest assured that this is a sector where we will soon see other positive developments."

Asked if incentives will be provided, the President replied. For example, so far on the basis of the relevant legislation, state land cannot be given for university purposes. We have been informed about this issue and we are already working on changing the relevant legislation to be submitted to the Parliament."

(RM/EP/EXP)
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