WEDNESDAY, 19 SEP 2018

 

CONNECT

Facebook Linked In Twitter
PWC_14/09-21/09_728x90px
Invest Cyprus 30/04-30/03/2019
IMH LTD

Syllouris Pays an Official Visit to Hungary

Anastasiades and Tsipras Discuss Bilateral Cooperation and Developments on Cyprus Issue

IMH LTD
GAP_Group_2018_468x60px

ECONOMY

"Blue" Initiatives with Growth Perspectives by The Municipality of Larnaca

Undoubtedly, the Blue Economy is a source of growth and progress for Cyprus. The Municipality of Larnaca recognizing the growth prospects of the Blue Economy for the island, has adopted a series of actions that fall under the "Larnaca, Blue City" strategy in order to fulfill a two-fold vision: the transformation of the city into a Regional Blue Economy, Education, Training and Research Center and the promotion of the Integrated Maritime Policy of the EU in the area.

 

This vision will be materialized by creating and hosting in the city -and the wider area of the Larnaca Bay- more Marine and Maritime-related Education, Training, Research and Innovation Institutions as well as Institutions that are active in the Marine and Maritime Sciences and Technology sectors. At the same time, the provision of such institutions with the necessary incentives and infrastructure (as for instance the concession of available state spaces and buildings in the city of Larnaca and the Larnaca Bay) along with the promotion of public-private partnerships will facilitate the realization of such ambitious projects which in turn will increase employment, foster business development opportunities in cutting-edge technologies, strengthen the competitiveness of the Cypriot economy and encourage sustainable growth in general.

 

In this context, the Municipality of Larnaca in cooperation with the University of Cyprus organized jointly an event on October 10th -in the presence of the Secretary General of the International Maritime Organization, Mr. Kitack Lim,- where they announced the following important initiatives which are expected to alter significantly the Blue Innovation Research and Technology scenery of the country:

  • The creation of a new "Faculty of Marine Science and Technology" of the University of Cyprus which will be established in Larnaca.
  • The launching - from September 2018 - of the new “Master of Science Program (MSc) in Marine Technology" of the University of Cyprus.
  • The launching of the International “Pyrgotelis Zoitos Award” for outstanding contribution to the advancement of Marine Technology, to be awarded as from 2019 and during the biennial international shipping conference “Maritime Cyprus” to individuals with distinguished accomplishments and experience in the Marine Technology field. It needs to be noted that Pyrgotelis Zoitos was a Cypriot shipbuilder particularly honored in the years of Ptolemy the

Second, the Philadelph, for building ships with twenty and thirty rows of oars, which constituted a significant advancement and innovation in the Marine Technology of that time.

 

Furthermore, it is worth mentioning that a few days ago, on the 6th of October, the Municipality of Larnaca presented to the public the European program MaRITeC-X, which aims at creating a Center for Excellence in Maritime and Marine Research, Innovation and Technology in Cyprus. In other words, this Center will foster scientific and business excellence in Blue Economy sectors with comparative advantages for the Cypriot economy such as maritime and coastal tourism, merchant shipping, fisheries and aquaculture, including emerging ones, with great growth potential such as offshore energy.

 

All  these  actions  and  initiatives  demonstrate  the  will  and  determination  of  the  Municipality  to contribute to the creation and modernization of the necessary infrastructure as well as to human capital development and jobs creation in the Blue Economy sectors, serving the real needs of these sectors so that they become more competitive and grow even more.

MORE ON ECONOMY

New 100 and 200 Euro Notes Unveiled

The design for the new €100 and €200 bank notes has been unveiled, ahead of ...

People at Poverty Risk Drop to 25% of Population in 2017

Data released on Monday 17 September show that people at risk of poverty or social ...

Price Index for August 2018 Increases by 1.7%

The Harmonized Price Index for August 2018 increased by 1.7% when compared to August ...

FROM AROUND GOLDNEWS

   

Meet the experts at the 2nd Cyprus HealthCare Conference Gala Dinner

The 2nd Cyprus HealthCare Conference Gala Dinner which will take place on 27 September 2018 at the European University Cyprus will combine entertainment ...
   

Global Fintech Investment Roars Ahead at a Record Pace in First Half of 2018

Global fintech investment reached US$ 57.9B invested across 875 deals in H1’18, a significant increase from the US$ 38.1B invested in all of 2017, ...
   

12th Cyprus-Russia Gala Organised at the Presidential Palace

The 12th Cyprus-Russia Gala took place at the Presidential Palace in Cyprus on the 15th September 2018 under the high patronage of the First Lady of the ...
   

Cypriot Documentary ‘The Ghost of Peter Sellers’ Wows in Venice and Telluride

The independent Cyprus feature documentary opened to rave reviews at its World Premiere in Venice last week. Hollywood Reporter calling it “Jaw ...
   

2nd Cyprus Open Data Hackathon Crowned with Success

The 2nd Cyprus Open Data Hackathon was held on the 15th and 16th September 2018 with great success in Limassol at the premises of ARIS | A Really Inspiring ...
   

CIA Challenge Exam for ACCA Members

The Institute of Internal Auditors (IIA Global) in collaboration with the Association of Chartered Certified Accountants ...
   

New 100 and 200 Euro Notes Unveiled

The design for the new €100 and €200 bank notes has been unveiled, ahead of entering circulation in May next year, the BBC reports. Both notes ...
   

People at Poverty Risk Drop to 25% of Population in 2017

Data released on Monday 17 September show that people at risk of poverty or social exclusion, dropped in 2017 to 25.2% compared to 27.7%. According to the ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

Vassos_Eliades_31/08-31/12_300x250px
Gold_Digital_Edition_300x250px

IMH LTD