Unbenannt

the ladies and gentlemen, my name is Dean Arabic and cameras.

Representative of the Chamber of Commerce for the

Republic of Cyprus.

Welcome to my presentation where we'll show you why Cyprus is the perfect location

for your new

european product production plant and Research and Development center.

Have you ever been in Cyprus or do you have something in mind how it looks like there?

If not that's not a problem because I will give you a nice insight.

My country during this

presentation

here is a briefly overview of my presentation.

First

I will introduce you to the geographical aspect and the advantages of

the infrastructure of Cyprus.

Then I will talk briefly about the economic benefits and growth.

Afterwards I will show you all the incentives Cyprus

has to offer in the labor and educational aspects.

Lastly we'll take a look at the

investment opportunities in the pharmaceutical industry.

Not only has Cyprus, a wonderful landscape and a beautiful

coastal region

as you can see, but it also has a well developed infrastructure

and um has a magnificent power and

communication infrastructure According to the european standard,

the state run enterprises handle most of the island needs

in a way of power generation. Haber's airports

and telecommunications.

The island is also covered with high risk

Cyprus is a spring brought has a springboard status.

It is because it is situated at the crossroads of three continents

europe in the north

asian in the east and

african self

Cyprus is that you member since 2005 and a member of the your eurozone since

2008

all you you members are also pretty cool.

Members with the code deals with the regulation of trade and economic relations.

Member states

conclude various agreements

to remove the trade barriers.

Cyprus has a very stable economy and to prove my point,

I will show you some graphs about the GDP growth and the inflation

Left.

You can see the gross domestic product of Cyprus and

Bright is the GDP of the EU and the euro area

in 2020. They all had a negative

G. d. P. 2 to Corona, but Cyprus had less than the year

average.

Cyprus has a very good growth rate compared to the EU.

As you can see, Cyprus is always around

3-2.5% and

europe is under

2.5

next week.

Can

see the inflation rate

on the left side of Cyprus and on the right side of the euro area,

Cyprus has aware it's always stable around 4-5% while you're

area is constantly increasing.

Cyprus has one of the lowest corporate income tax rates in europe. The standards C I.

T rate is 12.5% as you can see

because

because Cyprus is that you remember

the U. Products enjoy zero

tariff rates for input and

the expert

and there are exemptions for di evidence,

participation and sale of securities.

Welcome to for example, stocks,

Bones and interpreters.

There are also a no no tax on capital chains.

Okay,

Cyprus has a

Cyprus legal system is based on the UK common law

and it's one of the most efficient and trustworthy

legal system in the world.

Cyprus is also recognized as the business

friendly and highly effective system ensuring openness

trust in doing business as well as

a complete and proposed legal and regulatory framework

Cyprus

um,

there is also a legal and accounting service

for foreign investors which are highly developed.

Cyprus offers the highest quality lifestyle

in a safe, clean and healthy environment

with a high quality of life.

There are low crime rate and centuries of art

and culture all contribute to a high living standard.

The security of Cyprus,

which is ranked among the safest country in 2015 and 5th.

The 5th safest country in 2020

is one of the most comprehensive advantages.

Cypresses are also are particularly well educated

Because Cyprus was an English colony and only gave independence in 1916.

Therefore, the school system is

still english

production

productivity in Cyprus is

Average 9 93.77 points from 1995 until 2021.

Reaching an autumn high of 108.50 points. As you can see

In the third quarter of 2021, compared to the Euro

area average, the productivity in Cyprus is higher and constantly rises.

Cyprus actually welcome foreign

in foreign direct investment.

FBI.

New sectors for the FBI include

energy, investment funds,

research and

development, information technology and regional headquarters.

In addition, US products, technologies,

brands and services are often demand in the fields of healthcare, scientific

research and development projects.

Cyprus wants also to position itself as a regional hub for innovation,

research and information

and communication technology

serving the entire Eastern military in area

and acting as a gateway between europe, Middle East

and North. Africa

pharmaceutical products from Cyprus are in demand.

Cyprus has a large generic drug manufacturing

industry

that welcomes

us related products and equipment

In the Corona. In 2020,

the demand for Cyprus pharmaceutical products

increased.

Total expert group by 16% compared to the previous three years

and delivers to countries like Germany, Russia, France

Czech Republic and many more.

The three largest companies

Medica Medica. Me and Logan laboratories

dominate the suburb Cypriot market and export

An expert to around 130 countries

even after the pandemic,

the Cyprus pharmaceutical industry wants to use the its advantage as a

near and reassuring location and expanded

production of pharmaceuticals on the island.

As you can see, Cyprus has a lot of a lot to offer.

And there are already some pharmaceutical companies in the country

that recognize and Detroit advantages of Cyprus.

Therefore we would we would be very pleased if we can welcome even more.

Thank you all for listening and if you have any questions, feel free to ask me

Unbenannt

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