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Saudi Arabia, Cyprus in Talks to Set Up Research Center
Published in Saudi Press Agency on 20 - 06 - 2005

Cyprus will invite Saudi Arabia and other Arab and Gulf states to be on the board of directors of the first regional research center in the Middle East planned in collaboration with Harvard University.
George Lillikas, Cypriot minister of commerce, tourism and industry, said an agreement has already been signed with Harvard University for setting up an R&D center, initially in the fields of community health and environment.
"We shall make representations to all governments in the region in order to find out how much they are willing to invest. In this way, the center can become a regional one in a very real sense," the minister said.
He said the center would undertake research on behalf of member states in the areas of their choice in the two fields. "Other projects are on the way for the research center. They include Nan technology, mobile technology and mobile medicine in addition to information technology from India."
Lillikas said Cyprus is a gateway to Europe for Arabs. It offers a range of investment opportunities in the small- and medium-enterprises sector. Saudi businessmen and businesswomen are encouraged to invest in SMEs and become a member of the board of directors.
The minister spoke to Arab News during a week-long trip organized by the Press Information Office in Nicosia.


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