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For Cyprus to enhance its competitiveness and produce growth, it is vital to develop digital policies that will be conducive to investment plans and greater innovation. To maintain its longstanding edge over competition, also Cyta is re-inventing its commercial strategy and investing in large infrastructure projects, says new Cyta CEO Andreas Neocleous.
For the last decade, the Cyprus investment promotion agency Invest Cyprus has forged ahead with its mission to promote Cyprus as an investment destination with the country attracting billions in fresh FDI in the last five years.
In 2019, sectors such as Digital Innovation, Data & Analytics, Cyber Security and Fintech will help the profession grow further. In addition, new service offerings such as wealth management, funds and fund management and licensing will continue to grow, says Christos Vasiliou, Managing Director of KPMG in Cyprus.
So far, the professional services sector continues to experience steady growth. The development of new business sectors linked mainly to technology, as well as the attraction of foreign investment for major infrastructure projects and the upcoming oil and gas industry, reinforce our sector, says Deloitte’s CEO Mr. Christis Christoforou.