Total foreign investment in Cyprus increased by a record 9.1 per cent in 2016 while the assets of Cyprus-based investment funds increased by 83 per cent, the outgoing president of the Cyprus Investment Promotion Agency (CIPA), Christodoulos Angastiniotis told the organisation’s AGM on Wednesday evening.
The number of tourist arrivals in November rose 17 per cent to 144,676 compared to the respective month of 2016 as all major markets performed strongly, the statistical service said.
The number of arrivals from the UK, traditionally Cyprus’s largest source of tourists, rose last month an annual 18 per cent to 51,263 while those from Russia, the second largest source, rose 21 per cent to 21,416, Cystat said in a statement on its website on Thursday.
In its last meeting the Kissonerga council decided to go ahead with a coastal walkway along its beach area in 2018.
The walkway will be 2km long, starting from the Potima beach and stretching to Mouttes.
President of the Kissonerga council Giorgos Stylianou told the Cyprus News Agency that the land in some places will have to be compacted while benches, rubbish bins and view points will be installed with the view of both tourists and locals visiting the area.
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