Cyprus Association of Large Investment Projects holds annual general meeting

The Association of Large Investment Projects (SMA) held its Annual General Meeting on November 2, 2026, at the Hilton Nicosia. The event was attended by the President of the Republic of Cyprus, Nikos Christodoulides, alongside government ministers, party leaders, diplomats, and business representatives, including the President of the Cyprus Chamber of Commerce and Industry (KEBE), Stavros Stavrou.

During the meeting, the role of large-scale projects in the national economy was highlighted as a catalyst for investment and competitiveness. Andreas Demetriades, President of the SMA, emphasized the urgent need to improve infrastructure, address housing shortages, and mitigate energy costs. Furthermore, the association called for a more flexible framework for implementing development projects to better meet the requirements of the growing economy.

The discussions focused on leveraging Cyprus's comparative advantages to foster a stable and productive business environment. The meeting served as a platform for dialogue between the state and the private sector, aiming to align policies with the long-term goal of achieving sustainable, dynamic growth for the country.