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| Investment agency overview | |
|---|---|
| Jurisdiction | Government of Cyprus |
| Headquarters | Nicosia, Cyprus |
| Investment agency executive |
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| Website | www |
The Cyprus Investment Promotion Agency (CIPA) is the national investment promotion agency of Cyprus with the mandate to enhance the nation's investment appeal abroad.
In 2017, the real estate, shipping and tourism industries are the priority sectors in CIPA's action plan for investment promotion, but there is increasing focus on developing a nascent energy sector. [1] [ non-primary source needed ]
The economy of Cyprus is a high-income economy as classified by the World Bank, and was included by the International Monetary Fund in its list of advanced economies in 2001. Cyprus adopted the euro as its official currency on 1 January 2008, replacing the Cypriot pound at an irrevocable fixed exchange rate of CYP 0.585274 per €1.
The economy of Turkey is an emerging market economy, as defined by the International Monetary Fund. Turkey is defined by economists and political scientists as one of the world's newly industrialized countries. With a population of 83.4 million as of 2021, Turkey has the world's 20th-largest nominal GDP, and 11th-largest GDP by PPP. The country is among the world's leading producers of agricultural products, textiles, motor vehicles, transportation equipment, construction materials, consumer electronics and home appliances.
The United Nations Industrial Development Organization (UNIDO) is a specialized agency of the United Nations that assists countries in economic and industrial development. It is headquartered at the UN Office in Vienna, Austria, with a permanent presence in over 60 countries. As of April 2019, UNIDO comprises 170 member states, which together set the organization's policies, programs, and principles through the biannual General Conference.
The European Bank for Reconstruction and Development (EBRD) is an international financial institution founded in 1991. As a multilateral developmental investment bank, the EBRD uses investment as a tool to build market economies. Initially focused on the countries of the former Eastern Bloc it expanded to support development in more than 30 countries from Central Europe to Central Asia. Similar to other multilateral development banks, the EBRD has members from all over the world, with the biggest shareholder being the United States, but only lends regionally in its countries of operations. Headquartered in London, the EBRD is owned by 71 countries and two EU institutions, the 71st being Algeria since October 2021. Despite its public sector shareholders, it invests in private enterprises, together with commercial partners.
The International Energy Agency is a Paris-based autonomous intergovernmental organisation established in the framework of the Organisation for Economic Co-operation and Development (OECD) in 1974 in the wake of the 1973 oil crisis. The IEA was initially dedicated to responding to physical disruptions in the supply of oil, as well as serving as an information source on statistics about the international oil market and other energy sectors. It is best known for the publication of its annual World Energy Outlook.
The Ministry of Commerce of the People's Republic of China is a cabinet-level executive agency of the State Council of China. It is responsible for formulating policy on foreign trade, export and import regulations, foreign direct investments, consumer protection, market competition and negotiating bilateral and multilateral trade agreements. It is in charge of the administration of foreign trade pursuant to the Foreign Trade Law. The current Commerce minister is Wang Wentao.
CIPA may stand for:
The KfW, formerly KfW Bankengruppe, is a German state-owned investment and development bank, based in Frankfurt. As of 2014, it is the world's largest national development bank and as of 2018 Germany’s third largest bank by balance sheet. Its name originally comes from Kreditanstalt für Wiederaufbau. It was formed in 1948 after World War II as part of the Marshall Plan.
The University of Cyprus is a public research university established in Cyprus in 1989. It admitted its first students in 1992 and has approximately 7000 students.
The International Trade Centre (ITC) is a multilateral agency which has a joint mandate with the World Trade Organization (WTO) and the United Nations (UN) through the United Nations Conference on Trade and Development (UNCTAD).
The Serbia Investment and Export Promotion Agency was a Serbian investment promotion agency. Established on 28 February 2001 by the government of Serbia, the agency promoted foreign direct investment (FDI), and supported companies seeking to set up or expand their business operations in Serbia.
Cypriot–Egyptian relations refer to bilateral relations between Cyprus and Egypt. Due to the strong cultural and historical ties between the two nations, Cyprus and Egypt today enjoy friendly, and strategic relations. Modern diplomatic relations between the two countries were established soon after Cyprus gained its independence in 1960, and are regarded as cordial. Cyprus has an embassy in Cairo and Egypt has an embassy in Nicosia.
China Investment Promotion Agency is the investment promotion agency of PR China. It is in charge of inviting in and going global two-way investment promotion work in line with China's economic strategies and is engaged in cooperation with international economic organizations, foreign investment promotion agencies, chambers of commerce and business associations on behalf of the Ministry of Commerce of the PRC.
Jordan Investment Commission (JIC), previously Jordan Investment Board, is the national investment promotion agency of the Hashemite Kingdom of Jordan.
Cyprus–Qatar relations refer to the bilateral relations between Cyprus and Qatar. Qatar is represented in Cyprus through its embassy in Nicosia, Cyprus. Cyprus is represented in Qatar through its embassy in Doha, Qatar.
Harris Georgiades is a Greek Cypriot economist and politician. He was pivotal in the successful implementation of the economic reform plan for Cyprus and its successful conclusion in 2016.
A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. It is thus distinguished from a foreign portfolio investment by a notion of direct control. Broadly, foreign direct investment includes "mergers and acquisitions, building new facilities, reinvesting profits earned from overseas operations, and intra company loans". FDI is the sum of equity capital, long-term capital, and short-term capital as shown in the balance of payments. FDI usually involves participation in management, joint-venture, transfer of technology and expertise. Stock of FDI is the net cumulative FDI for any given period. Direct investment excludes investment through purchase of shares.
Panos Costa Panay is an American business executive and chief product officer for Windows+ devices at Microsoft. He oversees the development of Surface products and related hardware, along with the Windows client operating system.
Rwanda Development Board (RDB), is a government department that integrates all government agencies responsible for the attraction, retention and facilitation of investments in the national economy.
Vietnam joined the World Bank Group (WBG) on 21 September 1956. Before the mid-1980s, Vietnam was one of the world's least developed countries. A series of economic and political reforms launched in 1986, known as Đổi Mới, caused Vietnam to experience rapid economic growth and development, becoming a lower middle-income country. The World Bank (WB) has maintained a development partnership with Vietnam since 1993. As of 25 March 2019, it has committed a total of US$24 billion in loans, credits, and grants to Vietnam through 165 operations and projects, 44 of which are active as of 2019 and comprise US$9 billion. With an estimated extreme poverty rate below 3% and a GDP growth rate of 7.1% in 2018, Vietnam's economy continues to show fundamental strength and is supported by robust domestic demand and export-oriented manufacturing.
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