“With the introduction of a series of carefully planned measures to overhaul public spending and reinforce the main economic sectors, the outlook for the next five years is well-positioned for Cyprus to return to prosperity. The recent discovery of natural gas in Cyprus’ Exclusive Economic Zone (EEZ) creates great prospects for Cyprus shipping and the Cyprus off-shore sectors, a combination of which will definitely play an important role in transforming Cyprus into an important energy centre in the Mediterranean.  Strategic partnerships can create new and vibrant shipping and energy projects with huge financial benefits for the Cyprus economy.”

Thomas Kazakos
Director General
Cyprus Shipping Chamber (CSC)