Cyprus Mail
Business

Investment framework must improve

file photo Energy Minister George Lakkotrypis

Cyprus must improve its institutional framework for attracting and facilitating foreign, Commerce and Energy Minister Giorgos Lakkotrypis said on Thursday during a meeting with British entrepreneurs.

Speaking after the meeting, Lakkotrypis said that British investors asked for more predictability, transparency and convenience.

He noted moreover that investors from the UK show their trust to Cyprus, despite the difficult conditions of the past months.

“We work hard to improve the institutional framework, to speed up the licensing process for small and bigger investment projects,” the Minister said.

British High Commissioner Matthew Kidd said the meeting was a good initiative, with the government explaining its efforts to improve the climate for investors from Britain and elsewhere.


Related posts

Banking on tech: incumbents and challengers

CM Guest Columnist

EU’s incoming economy chief calls for less restrictive budget policies

Reuters News Service

Halloumi standing takes a further knock (updated)

Katy Turner

New horizons for Cyprus shipping

CM Guest Columnist

Digital economy in Cyprus has a long way to go

CM Guest Columnist

China says will work with the US to address each other’s core concerns

Reuters News Service

1 comment

Comments are closed.