Cyprus and Khazna to forge strategic digital partnership

Cyprus and Khazna have entered into a significant partnership through a Memorandum of Understanding (MoU) signed by the Deputy Ministry of Research, Innovation, and Digital Policy. That agreement aims to enhance Cyprus’s digital infrastructure by focusing on joint data centre projects, thereby positioning Cyprus as a key player in the global digital landscape.

Recognising Cyprus’s geographical advantage as a natural data gateway connecting Europe, Asia, and Africa, the collaboration seeks to attract businesses that require reliable, scalable, and secure data platforms. Furthermore, with a robust network of submarine fibre-optic cables and satellite teleports already in place, additional investments are planned to strengthen this infrastructure and meet the growing demands for digital connectivity.

In addition, the partnership aims to integrate advanced technologies such as AI, smart mobility, and space solutions, driving the evolution of Cyprus into a regional tech and innovation hub while fostering a vibrant digital economy for both citizens and businesses. Moreover, the commitment to creating new business and economic opportunities is expected to benefit society and future generations.

By leveraging Khazna’s expertise in hyperscale digital infrastructure, this collaboration will further enhance Cyprus’s position as a growing technology hub in the region. Ultimately, this partnership signifies a strategic commitment to digital transformation and reflects a shared vision of a digitally advanced Cyprus poised for future innovation and growth.