London: The Government's priority is to strengthen the country's investment proposition through speed, certainty and transparency, Deputy Minister to the President, Irene Piki, said in her address to the international investment conference ''Investing in Cyprus: Risk, returns and FDI flows in the innovation corridor'', organised by Invest Cyprus, in collaboration with FT Locations, recently at Bracken House in London.
According to Cyprus News Agency, Invest Cyprus stated in a press release on Monday that "the event brought together leading asset managers, institutional investors and senior business executives, highlighting Cyprus' evolution into a resilient, technologically advanced European investment hub."
"At a time of heightened geopolitical complexity, Cyprus was presented as a strategic European platform with meaningful regional reach. This momentum is underpinned by a particularly strong macroeconomic framework, as Cyprus remains one of the fastest-growing economies in the European Union, with growth reaching 3.4% in 2024 and accelerating to 4.5% in late 2025," Invest Cyprus noted.
"This trajectory is reinforced by the country's return to an 'A' credit rating category by all major rating agencies, while public debt has fallen below 60% of GDP and unemployment stands at under 5%, pointing to conditions of full employment," it added.
"The forum underlined that foreign direct investment is a central pillar of this growth, with Cyprus ranking 11th globally in greenfield FDI performance. A strong signal of international confidence is the continued expansion of groups already established on the island, such as MUFG, which now employs more than 250 people locally, and Murex, which has grown its team to 300 professionals," the press release said.
Invest Cyprus Chairman, Evgenios Evgeniou, pointed out that "investors today are looking for stability and regulatory credibility. Cyprus is meeting these needs by building a future-oriented economy grounded in fiscal discipline and strong institutions."
He went on to say that "the technology sector is now a core pillar, contributing 14% of our GDP, a level comparable to tourism, while investment in the ICT sector increased by more than 200% in 2024 alone."
"We are consistently attracting highly specialised talent, upgrading our economic profile," he said.
Piki, who participated in the conference, pointed out that "the Government's priority is to strengthen the country's investment proposition through speed, certainty and transparency. We are committed to a policy direction that reinforces the credibility of the Cypriot economy and advances reforms that support sustainable growth."
Piki added that "Cyprus operates as a stable hub in a region of growing geopolitical and economic importance, and we remain focused on ensuring that quality investments are implemented effectively."
"Cyprus' ongoing economic transformation is further reflected in landmark institutional investments across a wide range of sectors. These include Eurobank's acquisition of Hellenic Bank, Blackstone's strategic entry into the hospitality market, as well as Adobe's acquisition of Semrush within the technology ecosystem," the press release said.
"These developments, alongside investments in health and education by groups such as PureHealth and the American University of Beirut, represent a long-term vote of confidence in Cyprus' model. Invest Cyprus continues to operate as a one-stop shop, supporting international investors at every stage of their growth," it concluded.