The Cyprus Property Developers Association (CPDA) has welcomed the revised bill for the establishment of a National Screening Mechanism for Foreign Direct Investments (FDIs), the Association’s General Manager, Mersina Isidorou, has underlined.
The Association, according to a relevant statement, views the revised bill as “an important step that brings Cyprus in line with the European framework and provides the country with a modern, transparent system for safeguarding national security and public order, while preserving its appeal as an investment destination.”
As the Association stated, “Clear and transparent procedures are essential for building investor confidence and positioning Cyprus as a reliable and forward-looking investment hub. Quality investments have always played a central role in driving economic growth, creating jobs, and supporting the long-term progress of society.”
Isidorou, meanwhile, emphasised that the Association is closely monitoring developments that affect the investment environment, “and considers it crucial that the new framework is implemented in a way that combines transparency with stability, ensuring that Cyprus remains competitive and attractive to investors.”
Further highlighting that the Association represents one of the country’s key economic pillars, Isidorou reiterated that the Cyprus Property Developers Association is committed to supporting every initiative that strengthens Cyprus’ competitiveness.
‘‘We will continue to contribute actively and constructively to the public dialogue, with the aim of shaping a comprehensive and effective institutional framework that benefits the economy and society as a whole,’’ the General Manager said.
