The Cyprus Economy and Competitiveness Council on Monday submitted a range of proposals for pursuing the growth and development of the tertiary education sector which would have many benefits for the country.
“There are significant prospects for the further improvement of Cyprus’ position as an international higher education centre,” the council said. While it was difficult to accurately calculate universities’ contribution to the country’s GDP, there were other benefits, apart from student tuition and accommodation fees, such as the upgrading of the country’s workforce, the development of research and culture, as well as improvements in the overall quality of life, it added.