In­vest­ment in higher ed­u­ca­tion a pri­or­ity

Financial Mirror (Cyprus) - - FRONT PAGE -

The ex­pan­sion of higher ed­u­ca­tion, par­tic­u­larly in the fields of mod­ern tech­nol­ogy, medicine and en­ergy to cre­ate qual­i­fied man­power for businesses and or­gan­i­sa­tions, pre­vent­ing at the same time the num­ber of Cypriot sci­en­tists mov­ing abroad, is the govern­ment’s high­est pri­or­ity, Pres­i­dent Ni­cos Anas­tasi­ades said on Tues­day.

“The aca­demic de­vel­op­ment of Cyprus and at the same time de­vel­op­ing re­search and in­no­va­tion is for the govern­ment an in­te­gral part of the eco­nomic, so­cial and cul­tural de­vel­op­ment of our coun­try. The ex­pan­sion of higher ed­u­ca­tion, par­tic­u­larly in the fields of mod­ern tech­nol­ogy, medicine, en­ergy, spe­cialised fields and the con­tem­po­rary needs of the coun­try, which would cre­ate qual­i­fied man­power for the pro­duc­tive businesses and or­ga­ni­za­tions and re­duce the num­ber of Cypriot sci­en­tists mov­ing abroad, is our high­est pri­or­ity,” Anas­tasi­ades said in his ad­dress­ing dur­ing a sci­en­tific work­shop of the Kios Re­search Cen­tre for In­tel­li­gent Sys­tems and Net­works of the Univer­sity of Cyprus. He noted that the eco­nomic cri­sis has not af­fected the cre­ativ­ity of Cypriot sci­en­tists, who con­tinue to work to achieve ex­cel­lence. “We feel proud be­cause al­though small in size, we ex­cel at Euro­pean and in­ter­na­tional level,” he said. He thanked the Univer­sity of Cyprus “for its sub­stan­tial con­tri­bu­tion” to the Cypriot so­ci­ety.

The Euro­pean In­vest­ment Bank has ac­cepted to grant a loan of 140 mln eu­ros to the Univer­sity of Cyprus, with favourable re­pay­ment terms, to com­plete the cam­pus, Rec­tor of the Univer­sity of Cyprus Con­stanti­nos Christofides an­nounced.

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