Cyprus to unveil plan to attract foreign investment

The government said Thursday that sometime over the next few weeks it will unveil a ‘strategic plan’ for attracting foreign investment to Cyprus, while also asking local businesspeople and industrialists for their feedback on how to render the economy more competitive.

Energy, Commerce and Industry Minister George Papanastasiou said the government will set up an umbrella organisation hosting the various agencies that process applications – on a fast-track basis –from