Held during the Reflect Festival 2023, a panel discussion titled Cyprus Vision 2035, moderated by Reflect Festival host Sophia Paraskeva, focused on the pivotal role and interdependencies of Information and Communication Technology (ICT), talent development and infrastructure. Prominent figures including Stylianos Lambrou, Artur Mamedov, Alexey Gubarev, and Philipos Soseilos shed light on how these aspects are key to the island's workforce, industry, and GDP transformation.

Artur Mamedov, CEO of TheSoul Publishing, underscored the remarkable growth of the tech sector in Cyprus. In 2023, over 1,000 companies registered in the country, drawing in more than 20,000 individuals. However, the potential for further expansion is immense. The tech sector could potentially double in size, but this growth hinges on attracting and nurturing talent.

Cyprus must position itself as a desirable destination for skilled professionals. As Alexey Gubarev, co-founder of Palta and Servers.com pointed out, a substantial challenge lies in education, housing, and infrastructure. Developing a robust educational system and housing solutions will be essential to accommodate a growing workforce. Attracting specialized workers should be a priority, with the target of more than 10,000 specialized workers within reach.

While nurturing ICT and talent is crucial, Philipos Soseilos, CEO and Chairman of PwC Cyprus, emphasized the importance of infrastructure as the backbone of progress. For Cyprus to truly progress to a mutually shared vision for 2035, it must proactively address infrastructure development.

City infrastructure, in particular, requires significant improvements to support the tech sector's growth. Modernizing transportation, enhancing connectivity, and creating smart urban environments are essential steps. Education, as mentioned earlier, is a critical part of development, and ensuring access to quality educational facilities across the island is equally vital.

Maintaining clarity on these three aspects—ICT, talent, and infrastructure—is key. The tech sector, investors, entrepreneurs, and the government must work together to accelerate processes, driving the country toward its ambitious vision. Collaboration, as highlighted by Philipos Soseilos, is essential in creating an ecosystem that propels Cyprus into the digital age.

Cyprus Vision 2035 envisions a future where the island is not only a global hub for technology and innovation but also a highly desirable place to live and conduct business. As co-founder and CEO of the Heart Group, Reflect Festival, Stylianos Lambrou stated that “Cyprus can become a top 10 country to live in, to conduct business, and to play.”  

By nurturing ICT, talent, and infrastructure, Cyprus sets the stage for transformative growth. As the world continues its march into the digital era, Cyprus stands poised to make its mark on the global stage.