The development of tourism, trade, entrepreneurship and technology hubs is a strategic goal of the Cypriot Government, Minister of Transport, Communication and Works Yiannis Karousos stressed on Tuesday.
According to a press release, addressing the 17th Economist Conference, in Nicosia, Karousos said that the pandemic has shown that we must pay attention to maintaining high productivity combined with protection of supply chains.
He stressed that in order to ensure supply chain connectivity for Cyprus, the Government is paying due attention to the ports and airports. “As an island, ensuring a satisfactory level of air connectivity it is vital for economic, social and strategic purposes. The development of tourism, trade, entrepreneurship and technological hubs is a strategic goal for the government of Cyprus and air connectivity plays an important role,” said the Minister.
In her remarks, Energy Minister Natasa Pilides stressed the importance of investing in energy storage. In this regard, Pilides announced that a tender process would be launched in the near future, adding that a draft programme has been submitted to the EU. She said that investments in this field will reach 40 million euro in 2021 and exceed 100 million euro in the next two years.
Source: Cyprus News Agency