07.02.2024
Large developments will be the protagonists in Cyprus’ development path, it notes, citing major projects in its portfolio with a total value of more than €8 billion.
The projects completed or launched in 2023 constitute the profile of a modern state that invests in its domestic product, creates new jobs, improves the quality of life of both its residents and visitors, and, at the same time, contributes to Cyprus’ transition to a green economy. era”. The Association of Major Developments hopes this course will “continue dynamically into 2024”.
Limassol golf resort Hills in Limassol , the construction of which will employ more than 2,700 people and create more than 750 new jobs. In addition to the impressive facilities of the biological water treatment plant, Limassol Hills will feature a photovoltaic park and public green space.
Another equally important investment for both the Limassol area and the whole of Cyprus is the Eagle Golf Resort Pine Golf Resort , valued at more than 500 million euros. The Association estimates that the project will add €200 million to its coffers and create 300 jobs.
In addition, according to the Association, Limassol The €400 million Greens will create 1,150 jobs.
Innovation project Minithis The resort in the Paphos area, with a total cost of 500 million euros, will also be significant for the creation of jobs – about 800 during construction and 500 during operation.
The association emphasizes that the planning and implementation of these projects are based on environmental studies with the aim of reducing harmful impacts on the climate, which contributes to the achievement of SDG requirements and ESG criteria. They are a key driver of Cyprus’ development and will make a significant contribution to its economy and employment.
