Red tape hits con­struc­tion, CSE takeover laws

Financial Mirror (Cyprus) - - FRONT PAGE -

The growth of the con­struc­tion sec­tor is un­der threat due to red tape and ap­a­thy by civil ser­vants, ac­cord­ing to a ma­jor devel­oper, while the CSE changes the takeover laws to al­low broader own­er­ship by pri­mary share­hold­ers, ac­cord­ing to the is­sue 640, on Oc­to­ber 12, 2005.

Con­struc­tion

founder

chair­man

red

of

tape:

the

Costas Michaelides, CSE-listed con­struc­tion

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