You are here

Govt. to increase contribution in research

26/05/2004 14:30
Cyprus is expected to grant increased funds in the sector of research, President Papadopoulos announced on Wednesday.

Mr. Papadopoulos said that Cyprus will increase “the contribution in research from 0.12% to 1.5% of the Gross National Product” and this is mostly attributable to the opening of a Research Centre in cooperation with the Harvard University. “It is the first joint research unit of Harvard University outside the US”, Mr. Papadopoulos stressed.

The President will visit the US to sign the 25-year duration agreement with the University after the end of the Summit in Mexico.