“We honour the companies and people who have invested in Cyprus and continue to shape our country's economic transformation,” Invest Cyprus Chairman Evgenios Evgeniou has said, addressing the 14th Invest Cyprus International Investment Awards.
He continued, “Your contribution extends far beyond capital. It is reflected in the jobs you create, the innovation you drive, the new sectors you develop and the international connections you build. Above all, it reflects the confidence you have placed in Cyprus.”
The Chairman continued that, “At Invest Cyprus, our mission is to promote Cyprus as an international business and investment destination and to support investors throughout their journey in Cyprus.”
“Today,” he said, “Cyprus has every reason to look to the future with confidence. Our economy continues to outperform most European economies, driven by foreign investments, supported by sound public finances, political stability and a resilient business environment.”
As Evgeniou went on to point out, “Foreign direct investment on a per capita basis is one of the highest in Europe and FDI has shaped a technology sector that has become one of the principal drivers of growth and innovation.”
He also noted that the successful Presidency of the Council of the European Union demonstrated that Cyprus can achieve far more than its size might suggest.
“By leading with professionalism, building consensus and delivering results, Cyprus once again proved that it can punch above its weight, reinforcing the institutional credibility and international standing that investors value,” he elaborated, going on to underline, “These achievements are the result of consistent prudent economic policy and a clear vision for a modern, competitive and outward-looking economy.”
As the Chairman of Invest Cyprus went on to note, “This vision is reflected in the way we present Cyprus to the world. Built on extensive international research, carried out by international consultants, the national narrative, that is currently being rolled out, is centred on a simple but powerful promise: Stability with Perspective.”
“It positions Cyprus as a European hub with a global outlook, a trusted partner in a complex region and a country building a future-focused economy. A place where talent meets lifestyle, underpinned by the characteristics that define modern Cyprus: ambition, resilience and hospitality,” he noted.
Evegniou went on to suggest that, “At a time of growing geopolitical uncertainty, shifting economic alliances and rapid technological change, investors have become more selective than ever. They seek stability, predictability and trusted partnerships. Cyprus offers all three.”
“But,” he continued, “today's strengths must be the foundation for tomorrow's success, not a reason for complacency.
To remain competitive, we must sustain the momentum of reform and continue building a business environment that is faster, more efficient and more responsive to investors' needs.
This means reducing bureaucracy, accelerating digital transformation, improving the speed of the justice system, enhancing the ease of doing business, investing in the infrastructure that supports growth, including housing education and healthcare. Importantly it requires reforming education system to equip people with the skills demanded by a modern, innovation-driven economy.”
Evgeniou underlined, “These reforms are essential not only to attract new investment, but also to enable existing investors to expand with confidence.
Delivering this agenda requires broad political consensus and a shared national purpose. The successful implementation of tax reform demonstrates what can be achieved when institutions work together.
I am confident that the same spirit of cooperation will continue to drive Cyprus's competitiveness and long-term investment success.”
“At Invest Cyprus,” he went on to note, “we are strengthening Cyprus's international profile through strategic partnerships, including with the Financial Times Group, targeted investor engagement, such as the recent investors roundtable in India led by the President of the Republic and close collaboration with Government and the private sector.
Together, we are positioning Cyprus as a trusted destination for investment, innovation and international business.”
“Equally important,” he went on to note, “is investing in our greatest asset our people.
Initiatives such as the President's "Minds in Cyprus" programme demonstrate our commitment not only to attracting investment, but also to repatriating talent, helping to build the knowledge-based economy that will underpin Cyprus's long-term prosperity.”
In closing, Evgeniou expressed his sincere appreciation to all our partners in Government, the House of Representatives and the private sector.
“Creating the conditions to attract investment, strengthen competitiveness and generate sustainable prosperity is a shared national endeavor.
The progress we have achieved is the result of working together with a common purpose.”
“To the President of the Republic,” he continued, “thank you for your leadership and unwavering commitment to strengthening Cyprus's investment environment and promoting our country internationally.
To our international investors, thank you for the trust and confidence you place in Cyprus. Your success is our success.
And to this evening's award recipients, congratulations. Your achievements are helping to shape a more dynamic and outward-looking Cyprus.
Together, we are writing the next chapter of our country's success story.
At Invest Cyprus, we remain fully committed to this journey.”
The 14th Invest Cyprus International Investment Awards, hosted by GOLD Magazine, are organised by Invest Cyprus and GOLD Magazine and presented by PwC Cyprus. Eurobank is the Elite Sponsor of the event, ECOMMBX is the Gold Sponsor, Cyta Business is the Strategic Partner, and the Lanitis Group is the Legacy Partner.
