A BOOM IN CONSTRUCTION ACROSS THE ISLAND SEES A SERIES OF NEW PROJECTS UNDERWAY
NEW TECHNOLOGY PARK FOR THE VILLAGE OF PENTAKOMO
The Ministry of Energy, Commerce, and Industry of the Republic of Cyprus recently announced a tender for the construction of a new large-scale science and technology park near the village of Pentakomo within the district of Limassol. The project aims to collaborate and bring together several Science, business, and government initiatives to a single location. It is hoped that this will drive innovation and eventually strengthen the Cypriot economy.
The development plan includes:
Modular office spaces with flexible layouts to suit companies of all sizes
Extra help for new and existing start-up companies
Research laboratories and coworking spaces
Business incubators to support early-stage projects
Data centres and digital infrastructure with high-speed connectivity and advanced security systems
Conference halls and exhibition centres for events, meetings, and tech showcases
Recreational areas, restaurants, cafes, and sports facilities
Residential complexes for international professionals and visitors