A BOOM IN CONSTRUCTION ACROSS THE ISLAND
A SERIES OF NEW PROJECTS & PUBLIC WORKS
A NEW CYCLE PATH FOR ATHALASSA PARK
A new cycle path is to be installed along Kalamon and Glafcos Clerides Avenue, along Athalassa Park’s southern border. These works will effectively extend the current cycle path, which runs along the side of the road from the Nicosia general hospital roundabout eastwards until the turn-off for Athalassa Park. The works will also include the installation of a new footpath for pedestrians. This will extend northwards from Latsia’s Kantara Street, where it currently ends at the turnoff for Argolidos Street.
On completion, the new cycle path will stretch for 3 km and will follow the road until it ends at Athalassa Avenue. A new pedestrian crossing and a rainwater management system will also be installed along the route. The project will also include the creation of an ‘urban equipment strip’. This will consist of several new trees, benches, bins, and modern street lighting.
REVITALISING URBAN AREAS IN AYIA NAPA
A SAFE RECREATIONAL SPACE
The transformation of a neglected area near the centre of the resort town of Ayia Napa has begun. This project, which will consist of a new multipurpose recreational park, will aim to revitalise the surrounding urban area. Set to cost just over €4 million, it is expected ot also provide a safe recreational space for all to enjoy. The new facility, which is being co-funded by the European Union through the THALIA 2021-2027 Cohesion Policy Program, will have several features. These will include a 1,000-square-metre children’s playground, picnic areas, an artificial lake, and some diverse green spaces. A series of decorative mosaics will also feature.
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 public callisthenics park.
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 town’s seaside promenade, not far from the Nausicaa Hotel.
NEW TECHNOLOGY PARK FOR THE VILLAGE OF PENTAKOMO
The Ministry of Energy, Commerce, and Industry has recently announced a tender for the construction of a new large-scale science and technology park. The site chosen for this new project is near the village of Pentakomo within the district of Limassol. This project will aim 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
NEW PLANS ALREADY IN PLACE
AN ARCHITECTS VIEW OF WHAT THE NEW PARK WILL LIKELY LOOK LIKE
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 construction projects are set to not only support the island’s domestic product but also promise to raise living standards for residents. 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 island’s infrastructure. These initiatives often create several new job opportunities within the construction industry. They often revitalise local economies thereafter by providing several employment opportunities once they are completed.
ECONOMIC VITALITY
New hotels, resorts, medical facilities, educational institutions, along with commercial and residential buildings, are among the projects that are still in the planning stage. 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 island’s 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 further growth. Beyond their economic significance, they also represent a collective investment in the island’s future, which helps to strengthen the island’s global position. These types of investments are predicted to grow GDP by more than 15%, mainly by helping to create thousands of jobs. It is thought that this will offer 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, and 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.
