US firm to meet president about Cyprus investment
31 August 2013
Nicosia - A large American investment company is interested in investing in Cyprus, a source told CNA on Saturday.
Representatives of the Washington-based company will be received on Tuesday by 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.
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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.
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