Representatives of a Chinese company will be in Cyprus next week for meetings with President Christofias and the Minister of Finance to finalize the agreement for the large investment in the old Larnaca airport…
Speaking this morning on RIK radio, the president of the CIPA Foreign Investor Attraction Organization, Christodoulos Agastiniotis, also stated that the American-Canadian giant Triple Five, representing the American-Canadian giant, showed great interest in investing in Cyprus in the fields of energy, tourism and banking. who in the coming days will be in Cyprus for talks.
In the afternoon, the council of the organization will have a meeting with the President of the Republic and the Minister of Finance to discuss ways to make the organization more flexible so that it can speed up the procedures for foreign companies that want to invest in Cyprus.
One of the priorities of CIPA is to transform the organization into a one stop shop, ie one-stop shop, ie foreign companies that want to invest in Cyprus can do so in a short time, avoiding time-consuming procedures and bureaucracy.
Mr. Agastiniotis said that the organization requested an increase in its budget and there is already a positive response from the Minister of Finance.
The president of OEB, Pheidias Pileidis, stated that it is a constant request of CIPA to become more autonomous and to speed up the procedures for foreign companies that want to invest in Cyprus.
"The finance minister," he added, "fully understands this request and is working in that direction." Mr Peleidis said competition from countries such as Malta and Ireland was very high, so procedures should be changed as soon as possible to tackle bureaucracy.
Government spokesman Stefanos Stefanou assured that there is investment interest from both a Chinese company and the American-Canadian giant Triple Five, whose representatives will be in Cyprus next Wednesday for contacts.
Speaking this morning on RIK radio, Mr. Stefanou said that contacts and consultations have been taking place for a long time and the government added that it will make announcements when agreements are signed with foreign companies.
Asked about CIPA's request to turn the organization into one-stop shop for foreign companies wishing to invest in Cyprus, Mr. Stefanou said that it is among the government's priorities to do so and added that the issue will be discussed further at today's meeting. has the council with the President of the Republic.
Regarding Qatar's investment in the Hilton, Mr. Stefanou said that unfortunately some details in the contract do not allow the agreement to proceed, but added that the consultations continue.
Source: iKypros.com