Investors are optimistic about Cyprus’ attractiveness over the coming years but state that there is room for improvement, according to the EY Attractiveness Survey Cyprus 2020 released on Wednesday.

The construction industry is on firmer foundations as building permits picked up in July following the fallout from coronavirus lockdown introduced to stem the spread of COVID-19.

Cypriot industry is a stable pillar of the economy, said the  energy and commerce minister Natasa Pilides on Friday after a meeting with prominent industrialists in Limassol.