A large American investment company is interested to invest in Cyprus, a source told CNA on Saturday.

Representatives of the Washington-based company will be received  on Tuesday with Cypriot President Nicos Anastasiades, at the Presidential Palace, to express their intention to invest in Cyprus, said a Cypriot government source, who declined to be named.

“The interest of the US firm for investments in Cyprus is multidimensional and includes the fields of energy, real estate, tourism and infrastructure”, the same source added.

The source spoke of a firm with one of the largest investment funds in the US, currently managing the largest gas project in the world located in Alaska, worth of $65 billion.

“They believe that Cyprus can be a benchmark for the development in the region and that the Cypriot economy will recover particularly through the development of the energy sector”, the source noted.

In March, Cyprus secured a 10-billion-euro ($13 billion) financing deal from eurozone lenders to stabilise its battered economy. Capital controls have been imposed on the island’s banking sector following the agreement.


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