Cyprus - Market OpportunitiesCyprus - Market Opportunities
The energy sector, to include exploration, exploitation, ancillary services, infrastructure construction, trading of natural gas, and alternative energy source generation, holds significant promise for U.S. business.
U.S. companies offering services or products for digital transformation or cybersecurity projects will find fertile ground in the ROC.
Union and parliamentary opposition has stymied government plans to privatize two key state-owned enterprises: the telecommunications sector and electricity generation, although smaller-scale privatizations are still on the table. These smaller opportunities include the privatization of the Cyprus Stock Exchange, and some 30 pieces of choice government land; and U.S. products, technology, brands, and services are often sought after in the following sectors: healthcare, shipping, high technology, financial services, environmental protection technology, change management, and tourism infrastructure development projects.