construction Archives - Page 3 of 3

Construction costs to remain high until 2023

By Charalambos Pitros The construction cost in Cyprus has increased abnormally. Moreover, the recent hike in diesel prices has worsened the situation, as the price has a domino effect on every material

2nd August 2021

Comment/Property

Removing bureaucracy from construction

Discussion is currently underway about the necessity (or not) of the Certificate of Final Approval (C.F.A.) for someone to occupy a building or a unit. It is a serious subject since the

1st May 2021

Comment/Property

94 Paphos projects costing €123 mln completed over 8 years

Scores of infrastructure projects in Paphos costing €123 mln have been completed in the last eight years during two terms of the Anastasiades administration, said Agriculture Minister Costas Kadis. During a visit

8th April 2021

Cyprus

Construction activity slump in 2020 after 5-year boom

Construction activity declined in 2020 for the first time in five years, building permits dropped in the area covered and value, as the industry felt the effects of the disgraced “golden passports”

9th March 2021

Business

Construction sector feels the squeeze

Following the demise of Cyprus “golden passports” scheme compounded by coronavirus the construction industry is suffering but has options. The sector is relying on housing developments and offices for companies attracted to

31st January 2021

Cyprus/Property

Construction sector gathers momentum

The construction industry is on firmer foundations as building permits picked up in July following the fallout from coronavirus lockdown introduced to stem the spread of COVID-19. According to data by the

20th October 2020

Business

COVID19: Ayia Napa Marina resumes construction work

Construction work to complete Ayia Napa Marina has resumed at a fast pace after COVID-19 lockdown while necessary buildings for its operation have already been delivered. Placing a great priority on the

19th May 2020

Business/Life & Society/Maritime

COVID19: Cyprus construction industry on the up pre-coronavirus

Cyprus’ construction industry was on the rise prior to the coronavirus outbreak, as building permits increased during the first two months of the year by 5.6% compared to the same period of

5th May 2020

Business

Construction and tourism fuelled economy in 2019

The construction and tourism sectors were the driving forces behind Cyprus’ economic growth in 2019, while the banking sector continued shrinking, according to official data. According to data released by the Cyprus

4th March 2020

Business