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Business leaders gear up for Autumn investment push

File photo: Industry minister Giorgos Lakkotrypis (right) with members of Keve

A series of business missions abroad is being organised by the Cyprus Chambers of Commerce and Industry (Keve) for the Autumn, aiming at promoting Cyprus as an investment destination in Iran, the US, London and China.

Some of the missions, most likely Iran and the US, will be attended by the minister of energy, commerce, industry and tourism George Lakkotrypis.

General-secretary of Keve Marios Tsiakkis, said the effort focuses on the promotion of Cyprus as a business centre, the promotion of services such as shipping and other investment funds. In some countries, health and education will also be promoted, he said, according to CNA.

The first mission is scheduled for Tehran around October 9-11. During the mission, according to Tsiakkis, an effort will be made to promote companies from the industrial sector, with an emphasis on exports of products such as pharmaceuticals, building materials and foodstuffs.

A mission is also planned for New York from October 23 to 25, focusing on professional services and investment funds. Tsiakkis said, in the recent past, American companies had shown an interest in Cyprus due to its role in the region, but also for investments in case of a solution of the Cyprus problem.

The mission in London is scheduled for November 8 and is mainly to focus on Brexit.  On November 9, Keve will organises a visit to Hong Kong, which aims to focus on shipping, health and education.

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