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CYPRUS: Famagusta district to get ,e1/495m for new projects.

President Nicos Anastasiades announced infrastructure projects worth EUR 95 mln for the government-controlled area of Famagusta, during a meeting at Paralimni town hall, attended by members of his Cabinet, mayors and local government representatives.

The projects include utility works related to water supply in the area (EUR 17 mln) and solid waste management (EUR 6.5 mln). They also include road works and the construction of new police HQ in Paralimni, at an estimated cost of EUR 4.3 mln. Efforts are also being made to secure funds for the construction of a new Famagusta District Court worth EUR 6 mln.

Ayia Napa will see a revamp of its beachfront at a cost of EUR 6.5 mln, work to improve the cycle paths on Nissi Avenue worth EUR 300,000, and restoration of the medieval monastery, work for the improvement of access to Ayia Napa's centre and the construction of a multipurpose park at a total cost of EUR 3.5 mln.

Dherynia will get a new home for the elderly worth EUR 900,000 and improvement of the road network in the area worth EUR 500,000.

Anastasiades also announced projects for the nearby communities of Sotira, Avgorou and Liopetri.

He stressed that "the amount of EUR 94.95 mln to be allocated for the government-controlled area of Famagusta reflects the interest of the government to give a new impetus to the development of the area."

He noted that despite the economic difficulties which Cyprus faces, projects worth EUR 25.4 mln were completed in the area since his government assumed office in 2013. He added that currently, projects worth EUR 55 mln are already underway.

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Publication:Financial Mirror (Cyprus)
Date:Aug 5, 2015
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