J&P ABAΧ to rebuild Artemida on account of Cyprus

J&P ABAΧ, controlled by the Paraskevaides family has been awarded the contract to rebuild Artemida community in Greece, which was badly hit during last summer’s catastrophic forest fires on account of the Republic of Cyprus. The specific contract, exceeding 8,5 million euro, will be signed between the Ministry of the Interior and J&P ABAΧ company.
The project includes work on 80 structures, of which 48 are residential. The main square in Artemida village will be reconstructed and renamed “Cyprus Square”.
The overall cost of rebuilding Artemida is estimated at 14.5 million euro.The government of Cyprus decided last September to undertake the cost of rebuilding the village. So far it has allocated 300,000 euro to anti-flood projects around the village.
In addition to this, a team of Cypriot town planners, architects and civil engineers have visited the area and submitted a report to the government regarding the urgent needs for the reconstruction of the village.
President of the Republic of Cyprus Tassos Papadopoulos visited late November the area and was briefed by the Greek government and the local authorities on the problems they face with regard to plans for reconstruction.
The village was among the communities hardest hit by the wild fires in August of last year which burned down dozens of homes and thousands of acres of farmland, killing at least 50 people in the surrounding area.
Thirteen residents died outside Artemida on August 24 after being trapped by flames whilst attempting to flee to the main town of Zacharo.