Law fast-tracking large projects not working

Despite legislation recently introduced to fast-track permits for large construction projects, state services are ill-prepared to respond, argue developers. Developers and industry stakeholders have welcomed the approval of a bill that facilitates

Signs of life in U.S. homebuilding

By Moody’s Analytics   U.S. homebuilding has found a floor following an almost year-long slide in building activity. Total housing starts ticked higher in April, climbing 2.2% to 1.4 million annualized units. Multifamily


Construction industry faces growing pains

Cyprus construction stakeholders fear the industry may be growing too fast, endangering a healthy recovery from the coronavirus pandemic and a steep increase in the cost of building materials. Developers believe the


Most work-related deaths in construction

Most fatal work-related accidents in Cyprus take place in the Construction sector due to a fall from height, according to an official study. The study investigates all work-related accidents over 20 years in Cyprus

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