Invest Cyprus marks 20 years with event attended by President Christodoulides and unveils 2027-2030 strategy

Nicosia, Cyprus. Invest Cyprus marked its 20th anniversary this week at an event attended by President Nikos Christodoulides, government officials and representatives of the political and business communities. The occasion highlighted the organisation’s role in drawing foreign investment and strengthening the international business presence of Cyprus.

Event and attendees

The celebration took place on Tuesday at the Landmark Nicosia. Members of the government and the House of Representatives, diplomatic corps representatives, investors, businesspeople and the organisation’s partners were present.

Related: Christine Lagarde to leave ECB presidency in February 2027, months before her term ends

RelatedChristine Lagarde to leave ECB presidency in February 2027, months before her term ends

The gathering was used to look back at Invest Cyprus’ development since it was founded in 2006. It also set out the organisation’s priorities for the years ahead, notably attracting quality investments and further consolidating the island’s place on the international investment map.

Chairman’s address and new strategy

Invest Cyprus chairman Evgenios Evgeniou said the organisation had changed from a body mainly tasked with promoting the country into a strategic partner of the state, with a more substantial part in attracting and facilitating investment. He remarked: “Twenty years ago, some people believed that a small country could claim a bigger place on the international investment map. And they were right.”

Evgeniou also presented the organisation’s new strategy for 2027-2030, which rests on four main priorities: attracting quality investment, supporting existing investors, strengthening international outreach and improving the investment environment. The strategy is meant to build on earlier work while ensuring that incoming investment brings lasting benefits to the Cypriot economy.

Remarks by the President

President Christodoulides congratulated Invest Cyprus on two decades of contributing to economic development and to the promotion of the country abroad. He acknowledged its part in attracting investment and building international business partnerships, saying that “The journey of Invest Cyprus is, in many ways, inextricably linked with the journey of modern Cyprus.”

Data on Cyprus’ progress

Chris Knight, managing director of FT Locations, which is part of the Financial Times group, also took part. He presented data on how Cyprus has advanced on the international investment map over the past two decades.