NICOSIA - President Nicos Anastasiades on Tuesday met with representatives of a large, Washington-based American investment firm, interested in carrying out a project in Cyprus.
The investment firm’s interest is “multifaceted and includes the areas of energy, property and tourism as well as the construction of infrastructure” such as marinas and ports, according to CAN which dod not name the firm.
Its representatives wanted to see what the Cyprus government’s position is as regards their plans and to ascertain whether Cyprus is capable of dealing in a timely manner with prospective big projects, the agency also said.
In March, Nicosia secured a 10-billion-euro ($13 billion) financing deal from eurozone lenders to stabilize its battered economy.
Capital controls have been imposed on the island’s banking sector following the bailout agreement.