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Lakkotrypis Lakkotrypis

Lakkotrypis Confirms Tourism as Main Economic Growth Factor

During a recent interview in Cyprus Hotel Association’s magazine, George Lakkotrypis, minister, energy, commerce, industry and tourism, Cyprus, confirmed that tourism is the central pillar of the Cypriot economic development with significant contribution to the country’s gross domestic product.

Lakkotrypis spoke about both the record of arrivals and the country’s goals for the future, the increase in beds and, referred to the issue of the ministry of tourism.

He stressed that the tourist sector is a pole of attraction of major infrastructure investments, including hotel units, multi-theater resort casinos, marinas and golf courses, and has multiplier effects in other economic sectors.