The Cyprus Interior Minister, Neoclis Sylikiotis, has confirmed that Russian investors want to create an international tennis academy in Liopetri village.
Mr Sylikiotis said that businessmen from Qatar and Iran were also showing an interest in investing in Cyprus.
The Minister has already met with the Russian investors and said that the matter was now in the hands of the Town Planning Bureau.
“An effort will be made to create an international tennis academy in Cyprus in line with the standards of other similar schools abroad, so that young talents from Russia and other countries will come to the island to train.”
Mr Sylikiotis said that Cyprus was chosen for the investment, partly because of its favourable climate adding that such an investment would help boost the construction industry and tourism.
Referring to Qatar’s interest in investing in Cyprus, the Minister said that the government was encouraging such investments, because of the benefits they would bring in efforts to ease the impact of the world economic crisis.
Regarding the visit of Commerce, Industry and Tourism Minister Antonis Paschalides to Iran this week, Mr Sylikiotis said that it was to discuss the interest shown by many Iranian businessmen in investing in the island.