Strong FDI Performance And Strategic Investment In Technology

Cyprus recorded €8.5 billion in gross foreign direct investment inflows in 2024, according to data presented at the annual general meeting of Invest Cyprus. The figures represent an increase of about 60% compared with the previous year and place the country among the top ten globally on a per capita basis.

Advancing International Partnerships And Expanding Economic Influence

The annual review highlighted several investment developments. Invest Cyprus reported more than 70 quality letters of intent and the progression of 12 major investment projects. More than 420 companies established operations in Cyprus through the Business Support Centre, according to the organization. Technology attracted a significant share of investment. Around €2.6 billion was allocated to the sector, primarily in information and communication technology.

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Strategic Global Outreach And Enhanced Economic Cooperation

Invest Cyprus expanded its international outreach activities in 2025. The program included presidential missions to Canada, New York and San Francisco. Cyprus also strengthened cooperation with India and Gulf countries. The country supported the establishment of the India–Greece–Cyprus and UAE–Cyprus Business and Investment Councils and continued trilateral cooperation initiatives with Egypt. Officials said the initiatives aim to strengthen economic cooperation and attract additional foreign investment.

Future Outlook: Expanding Influence And Strategic Communication

Invest Cyprus plans additional international promotional activities in 2026. The program includes events in London and New York organized in collaboration with the Financial Times. A business and investment mission to India is also planned. The visit will coincide with the official trip of the President of Cyprus and will be coordinated with the Cyprus Chamber of Commerce and Industry.

The organization is also expanding partnerships in the defence sector with European and Indian companies.

Leadership Endorsements And Strategic Continuity

Invest Cyprus Chairman Evgenios Evgeniou said consistent international communication remains important for strengthening Cyprus’ position as an investment destination. Finance Minister Makis Keravnos said that Invest Cyprus’s work contributes to the government’s efforts to strengthen the country’s economic competitiveness. The meeting also confirmed the appointment of a new board of directors to oversee the organisation’s future investment promotion activities.

A Resilient Future For Cyprus

The meeting confirmed the appointment of a new board of directors at Invest Cyprus. The board will oversee the organization’s investment promotion activities and international partnerships.