5 Minute News

The Importance of Technology Investments for Economic Growth in Cyprus

January 4, 2026

EMBIO Diagnostics exemplifies how investment in technology can boost economic growth in Cyprus. CEO Constantinos Loizou highlights the importance of innovation and market understanding in attracting investments. Despite positive trends, he notes that there has been little progress in integrating innovative practices. The public sector can play a crucial role in adopting technologies and promoting transparency. Biotechnology requires patience, as it can take years to yield results.