The Government is promoting a series of infrastructure and road projects aimed at upgrading Industrial Areas and Zones in 2027, with a total cost exceeding €9 million.
As is evident from what is stated in the explanatory note accompanying the 2027 state budget, among other things, the formation of roundabouts, the construction and asphalting of roads, and the creation of sidewalks within specific areas are being promoted. Specifically, the budget of the Ministry of Energy, Commerce and Industry includes appropriations of €4,800,000 intended to cover work related to the execution of the following infrastructure projects:
- Vasiliko Energy and Industrial Area: Design and landscaping of four roundabouts and final acceptance of the construction project of the infrastructure works.
- Vasiliko Energy and Industrial Area: Project for the installation of electronic security systems in the physical fencing of the Energy Center in Vasiliko. A separate tender will be announced for the project by the Department of Electromechanical Services.
The study has been updated based on the relevant decision of the Cyprus Police for controlled access to the Vasilikos Energy Center. Based on the updated study, the estimated cost for the supply, installation and ten-year maintenance of the systems amounts to €8,550,000 (including VAT) plus the cost of carrying out work by the Department of Public Works which amounts to €200,000 (plus VAT).
- Ergates Industrial Area: Repair and asphalt paving of sidewalks.
- Various Unforeseen Events.
Industrial Zones
The budget also includes appropriations of €3,911,575 intended to cover expenses related to the execution of the following infrastructure projects in the Industrial / Craft Zones:
- Monagrouli Industrial Zone: Construction and asphalting of part of the access road and the central road axis of the Monagrouli Industrial Zone for a total amount of €2,975,000 (including VAT).
- Kokkinokambos Industrial Zone - Construction of an access road, a central road axis and an internal road network: Construction of an access road, a central road axis and an internal road network in the Kokkinokambos Industrial Zone in Ypsonas.
Within the framework of the government policy for the execution of infrastructure projects in the Industrial/Craft Zones, a request has been submitted for the construction of an access road, a central road axis and an internal road network in the Kokkinokambos Craft Zone.
The total cost of the project is estimated at €3,100,000 (plus VAT), with the costs covered by the Ministry's policy amounting to €1,450,000 plus VAT (€80,000 for 2027). The project can be executed in the time horizon 2027-2030.
- Tremithoussa Industrial Zone: It concerns the construction of a bridge connecting the Tremithoussa Industrial Zone with the Paphos Industrial Area (Mesogis). The cost of the project amounts to €3,332,000 (€2,800,000 plus VAT).
Maintenance and operating costs
In addition to the above, the state budget also includes appropriations of €450,000 intended to cover various maintenance and operating expenses of the fourteen existing Industrial Areas and the Energy and Industrial Area under development/creation in Vasiliko, as follows:
- Strovolos Industrial Area: €34,000
- Ergates Industrial Area (Phase A and B): €25,000
- Limassol Industrial Area: €30,000
- Agios Athanasios Industrial Area (Limassol): €34,000
- Ypsonas Industrial Area (Limassol): €30,000
- Larnaca Industrial Area: €30,000
- Paphos Industrial Area (Mesogi): €16,000
- Frenaros Industrial Area: €30,000
- Larnaca "Pamboula" Industrial Area: €5,000
- Athienou Industrial Area: €45,000
- Aradippou Industrial Area: €30,000
- Kokkinotrimithia Industrial Area: €20,000
- Paphos Industrial Area (Agia Varvara): €25,000
- Aradippou Industrial and Commercial Area: €40,000
- Energy and Industrial Area in Vasiliko (new Area under establishment): €40,000
- Digitization and File Management: €3,000 (annual amount for electronic access)
- Miscellaneous Contingencies: €13,000
It is noted that the above appropriations concern, among other things, the operation and maintenance of plantations and green spaces, and the cleaning and maintenance costs of the sewage system in the said Industrial Areas.
(Source: InBusinessNews)
