Nicosia is located in the center of the island of Cyprus (northeast corner of the Mediterranean), which has a rich history dating back to the Bronze Age. It became the capital of the island in the 11th century A.D. It is the biggest city of the country with nearly 260.000 inhabitants, almost one third of the total population.

Today, Nicosia is a modern and cosmopolitan business and cultural center. Besides the Government offices and the foreign diplomatic and other missions, the capital hosts all the financial institutions, trade fairs, the Cyprus Stock Exchange, the Conference Center, etc.

There are three industrial estates in Nicosia, which have an easy access to the island’s road system, the airport and the seaports and are in proximity to sources of skilled labour and raw materials. Moreover, eighteen Industrial Zones (the land is privately owned), are scattered all over the Nicosia area, providing investors with the opportunity to exploit other advantages, such as easy access to raw materials, to other related industries etc.

The city has proved an ideal center for investors and the perfect place for establishing their businesses.

About the Nicosia Chamber:

The Nicosia Chamber of Commerce and Industry (NCCI) has been actively pursuing the economic, social and cultural development of the city, as well as the district of Nicosia, offering substantial, multisided services to its entrepreneurial community members. It promotes initiatives and encourages communication, acting as a bridging agent on issues which involve economic activity.

NCCI was established in 1953 and it is associated with the Cyprus Chamber of Commerce and Industry. It is a private non-profit organization and operates on the basis of a specific constitution. It is financially independent, operating in an autonomous manner.

Besides the town and district of Nicosia, the NCCI also covers geographically the town and district of Kyrenia and the area of Morphou, both of which have been under Turkish occupation since 1974.

Various stages of development led the NCCI to its present structure, which enables it:

1. To actively pursue the economic, social, cultural and regional development of the city, as well as the district of Nicosia.

2. To offer substantial, multisided services to its entrepreneur members and to promote solutions to local problems.

3. To attend to its traditional role in resolving the commensurate problems of the business community of Nicosia on Industry, Trade, Services and local administration issues.

4. To follow the wider economic issues and initiate actions to remedy situations to the benefit of its members, through its representatives at the various bodies. It also constitutes a forum for conveying the views and demands of its members to the Cyprus Chamber of Commerce and Industry.

The NCCI strongly believes in capitalizing on the various European programs and initiatives offered to Cyprus as a full member of the E.U. for assisting in increasing the cooperation of the business community. For this purpose it is establishing a non-profit intermediary establishment that will act as a bridging agent on regional development projects that will utilize the structural and other aid.

The Chamber is participating in European programs and is placing great emphasis on awareness of its entrepreneurial members within the process of harmonization.

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The address of the Nicosia Chamber of Commerce & Industry is:

Chamber Building
38, Grivas Dhigenis ave., & 3 Deligiorgis Str.,
P. O. Box 21455,
1509 Nicosia,
Cyprus
Tel.: + 357 22 889600,
fax: +357 22 667433
E-mail: ncci@ccci.org.cy

Businesspeople who wish to become members of the NCCI may contact the Chamber for an application form. Two existing members must recommend all applicants before the Council may approve them.

For any information about the main services offered to members and the advantages of entrepreneurs’ membership you may contact:

Mr. Socrates Heracleous – Secretary / Director
Mr. Andreas Antoniades - Senior Officer – Head of Industry