Cyprus Investment Promotion Agency (Click Here)
Established with a Council of Ministers decision in 2007, the Cyprus Investment Promotion Agency is
a registered not-for-profit company limited by guarantee and fully
funded by the Government of Cyprus. The Board consists of 14 Directors.
Operating since January 2008, the Cyprus Investment Promotion Agency has a threefold mandate:
• To promote Cyprus as an attractive international investment centre in key priority growth sectors
• To advocate reform in Cyprus required to improve the regulatory and business environment and infrastructure
• To provide investor support with after care and further development services
CIPA succeeds the efforts of the Foreign Investors Centre at the Ministry of Commerce, Industry and Tourism and takes the lead in attracting foreign direct investment in
conjunction and partnership with the private sector and related
government organizations and agencies.
CIPA has established its membership with the World Association of Investment Promotion Agencies (WAIPA) and Med-Invest, the Mediterranean Countries’ Investment Promotion
Agency Foundation. Memberships in these and other fora provide a
platform of best practices sharing and learning in the area of FDI
promotion and strategy implementation.
CIPA is actively involved in advocating key reforms to
remove hurdles and strengthen the regulatory and business environment in
Cyprus which is fundamental requirement to attract and retain foreign
direct investment, especially in an increasingly competitive global
The CIPA team is dynamic and tightly knit with a broad array of expertise both locally and globally. CIPA encourages foreign businesses to explore opportunities for investment in Cyprus.