TUESDAY, 27 OCT 2020

 

CONNECT

Facebook Linked In Twitter
GAP Vassilopoulos
GloriaJeans_266x90px
IMH LTD

Petrides: No Lockdown Forseen in 2021 State Budget

Nicos Anastasiades: Α Cyprus Solution Based On UN Resolutions Is Our Unwavering Goal

IMH LTD

ECONOMY

Energy Minister Looks Forward To Cyprus Industry Momentum

Energy Minister Looks Forward To Cyprus Industry Momentum

Cyprus` industry constitutes a strong pillar which contributes to the economy and its recovery, Minister of Energy, Commerce and Industry Natasa Pilides said on Friday, noting that she is looking forward in the sector`s growth momentum.
 


Pilides was speaking to the press in the context of her visit in industrial parks in Limassol where she is meeting with stakeholders in order as she said "to enhance our cooperation with industrialists, so that industry growth can gain momentum but also to connect industry with green growth, innovation, smart industry and the implementation of the pillars of our industrial policy for 2030."
 


In her statements, the Minister also said that all problems reported to her which are mainly practical ones, are being recorded and expressed the hope that "we will find immediate and fast solutions." 
 


"We have already discussed many ideas, some of which have been implemented in cooperation with the Legal Service, in the context of which we are looking in ways to modernise contracts and industrial parks management as well as matters to do with cleaning, parking spaces and green spaces," she added.
 

 
Asked about the impact the COVID-19 pandemic has had on the Cypriot industry, she said that during lockdown there were negative repercussions on the  exports and production, adding however that "the industry in general is a strong contributing pillar to the economy and may be one of the ways it will recover."
 


We hope that the lessons we have taken from the pandemic and the measures which are implemented will mean that we will be able to continue normal operations and production to the extent that this is possible, so that we do not have a repeat of what happened in the period between March and June, she pointed out.
 

 
Pilides further assured that her ministry is standing by the industrial sector. We are here to support, listen to problems and deal with them, she said, adding that the industrial sector is one offering some of the highest paying jobs and that there are many job opportunities.

 

Source: CNA
 

MORE ON ECONOMY

Public Expenditure For Education Rose In 2018 In Absolute Numbers

Public expenditure on education rose to 1,247.8 million euros in 2018, according to ...

Petrides: No Lockdown Forseen in 2021 State Budget

Minister of Finance Constantinos Petrides called on MPs to approve the 2021 state budget ...

Debate On Cyprus` State Budget 2021 Begins Today

Debate on Cyprus` state budget 2021 begins today in the Parliamentary Committee on ...

FROM AROUND GOLDNEWS

   

The ‘New Normal’ – What Is It And What Does It Mean For Pensions And Provident Funds?

IMH and Aon are organising the 11th Pension and Provident Funds Forum on Wednesday 25, November 2020 at the Hilton Nicosia (formerly Hilton Park) in Nicosia, ...
   

BidX1 To Offer More Than 60 Assets At 12th November Digital Sale

BidX1, the digital property investment platform, has announced details of its upcoming digital sale in Cyprus, which will take place on 12th November 2020 via ...
   

Webarts Presents The 7th Advertising, Marketing and Communication Conference

Webarts presents the "7th Advertising, Marketing and Communication Conference" on Wednesday, 18 November 2020 at the Hilton Nicosia (formerly Hilton ...
   

KPMG Is The Main Sponsor Of The 4th Project Management Conference

KPMG is a global network of independent member firms offering audit, tax and advisory services. On behalf of KPMG Sina Zavertha, a Business Consultant and ...
   

BP Returns To Profit But Pandemic Weighs On Demand

BP returned to profit in the third quarter, but the global coronavirus crisis continued to hit demand for oil. BP said underlying replacement cost profit, its ...
   

NewCytech Business Solutions Sponsors 4th Project Management Conference

In recognition of the valuable contribution of PMI Cyprus Chapter to the Project Management community and its substantial professional support to its members ...
   

Economic Sentiment Drops In October, UCY's Economics Research Centre Survey Shows

Economic sentiment deteriorated in October, a monthly indicator by the University of Cyprus` (UCY) Economic Research Centre (ERC) shows. According to ...
   

Public Expenditure For Education Rose In 2018 In Absolute Numbers

Public expenditure on education rose to 1,247.8 million euros in 2018, according to preliminary estimations of the Statistical Service, while as a GDP ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

Inbusiness_Awards_12/10-30/12
GloriaJeans_300x250px

IMH LTD