Paphos:Both phases of the Paphos-Polis Chrysochous highway are set to be tendered in 2027, as announced by Government Spokesperson Konstantinos Letymbiotis. The announcement was made during the Paphos Chamber of Commerce and Industry's (PCCI) General Assembly, where Letymbiotis outlined the progress on the highway and other regional projects.
According to Cyprus News Agency, the Paphos-Polis Chrysochous highway has been a long-standing demand in the Paphos district, with planning dating back to 1990. Despite a 2021 contract valued at £73 million, the project has seen significant delays, with only 21.1% completion as of October 2024. The contractor has sought additional compensation and a 59-month extension.
The highway, planned as a four-lane road, will be constructed in two phases from Agia Marinouda to Stroumbi, and from Stroumbi to Polis Chrysochous. Expropriations and environmental assessments for the first phase are complete, with a stakeholder meeting scheduled for early November to discuss updated plans.
Letymbiotis also provided updates on the Paphos Marina, stating that a decision on the evaluation of expressions of interest is expected in early November, with a concession agreement due by 2027. Additionally, plans include expanding Paphos Airport and constructing a desalination plant in Kissonerga with a daily capacity of 12,000 cubic meters.
On the economic front, Letymbiotis highlighted Cyprus's robust growth, ranking among the EU's fastest-growing economies for three years. Growth hit 4.8% in 2025, with public debt projected to fall below 49% of GDP in 2026. Unemployment is forecasted at 3.8%, and median earnings have increased by approximately 15%.
PCCI President George Mais advocated for faster progress on infrastructure projects and reduced bureaucracy, announcing his candidacy for vice-president of the Cyprus Chamber of Commerce and Industry. PCCI Director Marinos Stylianou emphasized the Chamber's role in supporting local businesses, while Cyprus Chamber of Commerce and Industry President Stavros Stavrou pointed to bureaucracy, staff shortages, and energy costs as ongoing challenges.