Insider Business Sharp rise in companies since Shipping Deputy Ministry was set up, says...

Sharp rise in companies since Shipping Deputy Ministry was set up, says Pilides

Cyprus has seen a significant increase in the number of companies that choose the island for their operations in the shipping sector since the establishment of the Deputy Ministry for Shipping, a year ago, Deputy Minister Natasa Pilides has said.

Pilides appeared optimistic over the future of shipping in Cyprus, during a reception for ship owners and representatives of shipping companies hosted by the Deputy Ministry for Shipping, in Limassol, on Thursday.

The Deputy Ministry, Pilides noted, has been working “with a targeted plan based on a strategy that has been formed by an international firm but also with the contribution of the private sector and the experience of the public sector”.

“We believe that we have moved on pretty well with the goals we have set, both regarding the promotion and upgrading of the image of Cyprus as a shipping centre and regarding the increase of companies that operate in Cyprus” she added.

She said that since the Deputy Ministry was set up there has been a sharp rise in the number of companies, from 168 last year to over 203 in 2019, which fall in Cyprus’ tax system, while there are many more that do not.

According to Pilides, 3% of Cyprus’ workforce or 9,000 persons are employed in the shipping industry.

The Deputy Minister assured the ship owners that the Deputy Ministry is making every effort to upgrade Cyprus as shipping destination.

(Cyprus News Agency)

Top Stories

U.S. President Biden arrives safely at White House

After taking the oath of office and a brief dash to shake some hands, Joe Biden made it safely to the White House in...

Mainly fine on Thursday with high cloud in the afternoon

Mainly fine on Thursday with high cloud in the afternoon and with Troodos mountain covered with frost. Winds will be north-westerly to north-easterly, light to...

178 new coronavirus cases on Wednesday, out of 9,884 tests

The Health Ministry announced 178 new Coronavirus cases out of 9,884 PCR and rapid antigen tests on Wednesday, 20 January, taking confirmed infections to...

Where to get antigen rapid tests on Thursday

The Health Ministry announced the following antigen rapid test sites for Thursday, 21 January 2021: LIMASSOL Parking place Sklavenitis supermarket, Germasogia 08:30-16:30 Parking place Lidl supermarket, Limassol...

Expert says too early to assess epidemiological situation

Head of the Scientific Advisory Committee on the coronavirus, Dr Constantinos Tsioutis, told CNA that it is too early to safely assess the evolution...

Taste

Squash soup

Ingredients: 1 kg pumpkin, cut into small cubes, approximately 5 cups 2 medium (400g) sweet potatoes, cut into cubes, approximately 2 ½ cups 1 chopped leek, only...

Mezedes

No visit to Cyprus is complete without enjoying the traditional meal of many small dishes known as ‘meze’. This large feast, which has been a...

Prawns with fried cheese, barley shaped pasta

Put the barley shaped pasta into a small pan with salted water, bring to a boil and when tender, drain. Peal the prawns leaving...

Salmon and shrimp sheftalies

Mix all ingredients for tabbouli in a bowl and keep to one side so flavours can combine. Prepare the sheftalies: wash and soak the casing...