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- Русский
Attracting productive direct investment in our country is a top priority for the Government, President of the Republic Mr.Nicos Christodoulides, who attended the Invest Cyprus International Investment Awards ceremony, said tonight.
In his address to the ceremony, the President of the Republic said, among other things, that he will have a meeting with investors in the first week of September, like the meeting they recently had at the Presidential Palace, noting that both the Government, and he personally, wish to maintain an open channel of communication with all investors in our country, so that they are aware of the difficulties and challenges they face.
He stressed that the Government's goal is to create an attractive business environment that promotes transparency, efficiency and a playing field where investors can operate on a level playing field.
The President also added that recent discussions have highlighted a number of problems faced by investors, including the lack of foreign schools, high housing prices, connectivity issues, high electricity prices and unnecessary bureaucracy, among others.
He, however, pointed out that the Government is working to find solutions to the various issues faced by investors and has developed a comprehensive and ambitious government programme that is already being implemented.
"Our goal is to strengthen the competitiveness and extroversion of the Cypriot economy on the basis of a new and modern model of development", President Christodoulides said.
He added that the Government attaches great importance to the consolidation of a healthy and stable banking system and financial sector, while he also referred to the implementation of reforms in various sectors, noting that the attraction of productive direct investment in our country is a top priority for the Government.
(PM/AF)
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