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Cyprus Aims to Become Leading AI Hub in Eastern Mediterranean with New Strategy

Nicosia:The Cabinet has approved the new National Strategy on Artificial Intelligence (AI) for the period 2026-2032, aiming to establish Cyprus as the leading hub for AI in the Eastern Mediterranean. This strategy seeks to integrate AI into the country's digital and broader development policies, as outlined in a written statement by Nicodemos Damianou, Deputy Minister for Research, Innovation and Digital Policy.

According to Cyprus News Agency, the strategy is built on the government's ideological framework of social liberalism, targeting a competitive economy and a socially responsible state. The main goal is for Cyprus to be recognized as a trusted European jurisdiction for AI development and a bridge between the EU and neighboring regions by 2032. The focus is on applying AI to create significant value for the country, rather than competing with larger international ecosystems.

The strategy identifies the public sector as a key priority to enhance productivity and streamline processes, with five economic sectors highlighted Financial Services and FinTech, Healthcare, Tourism and Hospitality, Legal Services, and Shipping and Maritime Transport. These sectors present significant growth prospects through technology.

AI research and innovation are emphasized, with specific research activities planned in Energy and Environment, Autonomous Systems, Security, Defence and Space Technologies, Health and Life Sciences, and next-generation wireless networks. The strategy includes initiatives like specialized sandboxes for developing innovative ICT solutions.

Human capital is central to the strategy, which includes a national ICT literacy program and a retraining program for adult workers. The FutureAI CY micro-credential program aims to train 1,000 workers, along with a special civil servant training program. A National Skills Observatory will align educational programs with labor market needs.

Cyprus also aims to become a regional hub for education and training in AI, leveraging universities and research institutions to attract talent and develop high-quality educational programs. The strategy involves investing in computing infrastructure and creating support mechanisms for public bodies to implement AI solutions.

Twelve flagship programs are proposed for implementation by 2032, with national targets such as increasing AI usage by businesses and boosting national productivity and GDP. The strategy was developed with input from the National Expert Committee on Artificial Intelligence, chaired by Chief Scientist Demetris Skourides.

Source Cyprus News Agency

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