The government is handing over a modern, more dynamic tourism product that has the capacity to further develop, said on Tuesday Finance Minister Constantinos Petrides in addressing the 44th Cyprus Hotel Summit and Exhibition organized by the Hoteliers’ Association.
He said it is notable that we are at this point after what the government took over at a time of great crisis ten years ago, adding the government’s main concern is to help one of the most significant industries on the island.
Petrides referred to town planning schemes, amending the old method of hotel categorization and opening the biggest casino resort in the Eastern Mediterranean.
