CIPA: Investors Pleased but Frustrated by Bureaucracy

Bureaucracy and sluggish procedures continue to present obstacles for foreign investors, but this does not affect their overall assessment and experience of our country. This is the conclusion from two new surveys carried out on behalf of the Cyprus Investment Promotion Agency (CIPA), the “Satisfaction Survey among foreign companies with a physical presence in Cyprus” and the “Market Survey among companies of international scope that are not active in Cyprus”. The findings of the surveys, which were carried out by NOVERNA Analytics and Research, were presented on 21 June in Nicosia, to representatives of the Government and Public Service, as well as important stakeholders of the business sector.