Finance Minister Constantinos Petrides said the Cyprus economy would become more robust by going through the green and digital transition.

The government on Friday presented its new strategy for attracting businesses to Cyprus with emphasis, among others, on high technology, shipping, innovation, and research and development, in a bid to turn the island into a business and trade centre in the wider region and Europe.

Cyprus is already on the technology map but aspires to become a regional hub for science and tech companies, said Deputy Minister of Research, Innovation and Digital Policy Kyriacos Kokkinos.