A BOOM IN CONSTRUCTION ACROSS THE ISLAND
A SERIES OF NEW PROJECTS & PUBLIC WORKS
THE FIRST CALISTHENICS PARK IN PROTARAS
The people of the coastal resort town of Protaras can now enjoy open-air workouts. The municipality is now offering an alternative to gyms and fitness clubs in the form of a free callisthenics park.Β
Callisthenics is a form of exercise that uses the individual’s own body weight. This form of exercise focuses on building strength, endurance, coordination, and flexibility. The park can be found along the townβs seaside promenade, not far from the Nausicaa Hotel.
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.Β The project aims to collaborate and bring together several Science, business, and government initiatives to a single location.Β 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
A NEW TECHNICAL SCHOOL FOR THE VILLAGE OF ARADIPPOU
A new technical school for green professions is to be built in the village of Aradippou. The new technical school, which is scheduled to open by 2028, will adopt the principles of sustainability and cover a gap in the existing secondary technical education system on the island. Students will be educated in green technologies and will gain several sustainability skills. They will also be educated on subjects that are related to the proper management of the environment.
NEW LARGE-SCALE PROJECTS FOR LIMASSOL
A LANDSCAPE OF TRANSFORMATION
Several large-scale projects, currently still in the planning stage, are set to transform Cyprus, and in particular, Limassol. These new initiatives are set to not only support the whole of the islandβs domestic product but also promise to raise living standards for residents within each site’s immediate vicinity.Β As well as this, it is also projected that each project will help Cyprus achieve a sustainable, environmentally friendly future.
NEW JOB OPPORTUNITIES
The main consensus is that large-scale projects are also crucial to the modernisation of the islandβs infrastructure.Β These initiatives often create several new job opportunities within the construction industry.Β They often revitalise local economies thereafter by providing several employment opportunities once they are completed.Β
ECONOMIC VITALITY
New hotels, resorts, medical facilities, educational institutions, along with commercial and residential buildings, are among the projects being planned. These all underscore great economic vitality for the island.
A COMPATIBILITY WITH GREEN PRACTICES
The relevance of these projects is also highlighted by their compatibility with green practices. They offer a significant contribution to the islandβs sustainable development goals as stated by environmental, social, and governance criteria.
A CATALYST FOR DEVELOPMENT & GROWTH
As Cyprus plans its course for a more prosperous future, these developments also serve as catalysts for development and growth. Beyond their economic significance, they represent a collective investment in the islandβs future. This helps to strengthen its global position of Cyprus. These types of investments are predicted to grow GDP by more than 15%, mainly by helping to create thousands of jobs. This offers Cyprus the potential to achieve an unprecedented level of wealth and sustainability.
THE LIMASSOL HILLS GOLF RESORT
The Limassol Hills Golf Resort is at the forefront of some of these ambitious projects. This development will come with several new innovative features. These will include a cutting-edge water treatment facility, a photovoltaic park, along several green spaces that will be available to the general public. This project, which is expected to employ up to 3,000 people during its construction phase, will also provide long-term job opportunities for up to 750 people once completed.
THE EAGLE PINE GOLF RESORT
The Eagle Pine Golf Resort currently stands as a significant investment for Limassol. Once complete, the resort is expected to create up to 300 long-term job opportunities.