Cyprus has achieved a remarkable post-pandemic recovery in foreign direct investment (FDI), solidifying its position as a global leader. According to FDI Intelligence, the renowned publication on foreign direct investment, Cyprus proudly maintains its rank as one of the top performers in the Greenfield FDI Performance Index of 2023. Emerging as the 4th top performer in Emerging Europe and 11th globally, Cyprus continues to attract high specialisation companies and talented professionals.
The success of Cyprus’s national strategy to attract these companies and talent is evident in a recent independent study. The study highlights the direct and indirect economic impact of the Information and Communication Technology (ICT) sector, estimating it to be a staggering 4.6 billion by the end of 2022. Moreover, the study also reveals that the ICT sector has generated a significant number of jobs, directly and indirectly, reaching an impressive total of 36,000. Undoubtedly, this sector has emerged as one of the most crucial and rapidly growing contributors to the Cypriot economy.
With its robust post-pandemic recovery, Cyprus offers a thriving business environment for investors and job seekers alike. The nation’s commitment to attracting high-value industries and nurturing a skilled workforce sets the stage for continued growth and success. Whether you are an investor seeking new opportunities or a professional looking for exciting career prospects, Cyprus stands as an attractive destination that combines economic prosperity with a high quality of life.
Embrace the exceptional potential of Cyprus’s post-pandemic recovery and explore the multitude of opportunities that await. Join the talent pool at Emerald Zebra Fintech, Tech, Finance & Gaming sector recruitment agency and find a new career opportunity in this dynamic and rapidly evolving economy.