Cyprus tech association seeks to build skilled community

Invest Cyprus, a government agency tasked with promoting Cyprus as an attractive destination for doing business in a wide range of industries and market segments, has launched a new initiative in the ICT sector.

The new initiative sees the creation of the Cyprus Tech Association with the aim of both attracting and supporting potential ongoing investments, as well as supporting ongoing projects in the world of information technology that are already generating jobs and other economic activity in Cyprus.

The newly formed Cyprus Tech Association will also help to promote dialogue within the industry, work through and deal with a number of challenges, as well as bridging the gap between the public sector and private initiatives. Moreover, the Cyprus Tech Association will act as a link between global technology centres and Cyprus, promoting the country as an investment and business centre.

The Cyprus Tech Association’s board of directors is comprised of a number of representatives from the Cypriot information technology space, including General Manager and Director of North East Europe of the NCR Corporation Kyriakos Kyriakou, Head of Amdocs Cyprus Yiannis Tinis, Wargaming’s Manager and Head of Global HR Operations & Services Valentinos Polykarpou, eToro Cyprus CEO Avi Sela, Exness CEO and founder Peter Valov, 3CX CEO and founder Nick Galea, as well as MUFG ISFT CEO and CTO Pavlos Christoforou.

“I am certain that we can leverage our experience so that we can maintain Cyprus on a course of growth and development in the ICT sector,” said Cyprus Tech Association president Kyriakos Kyriakou. Kyriakou also thanked the CTA’s first board of directors for deciding to become involved in the initiative and called on all members to contribute to the whole endeavour so that Cyprus becomes an ideal destination for international technology firms.

“I am sure that our association will contribute in a positive way so that the size of our sector in Cyprus swells in size by welcoming more international companies while also supporting existing companies,” said the CTA vice president Yiannis Tinis.

“I am looking forward to working with all involved parties to help promote this important initiative,” Tinis added.

“As the representative of such an important fintech company from Israel which chose Cyprus as its base of operations within the European Union, I am certain that the association’s activities will contribute in an important manner to the development of the ICT sector in Cyprus,” said Avi Sela.

“The founding of the Cyprus Tech Association will better prepare us to face any challenges and hurdles, thus encouraging the further development of the ecosystem in which international ICT companies based in Cyprus operate,” Sela added.