35 mln pledged for Fa­m­a­gusta projects

Financial Mirror (Cyprus) - - FRONT PAGE -

The govern­ment has around EUR 35 mln to fund in­fra­struc­ture projects in Fa­m­a­gusta dis­trict and gen­er­ate jobs. This fol­lows a sim­i­lar pledge of EUR 16 mln for the Troo­dos area two weeks ago, EUR 60 mln for projects in Paphos, and EUR 70 mln each for Li­mas­sol and Lar­naca in July.

Mak­ing the an­nounce­ment on Mon­day, Pres­i­dent Ni­cos Anas­tasi­ades said that EUR 32.2 mln had al­ready been spent for projects in the area from 2013 to 2016, while the cur­rent year’s bud­get in­cluded EUR 23.3 mln.

The new projects an­nounced this week in­clude works at the Par­al­imni high school and the Ayia Napa ele­men­tary school, up­grad­ing of a cy­cling path from Ayia Napa to Cavo Greco, a kinder­garten in Dery­nia, a vol­ley­ball court and un­der­writ­ing municipalities’ govern­ment-guar­an­teed loans, to­talling some EUR 8 mln in the Fa­m­a­gusta dis­trict.

Anas­tasi­ades also spoke about progress in the Ayia Napa marina, and plans for the Par­al­imni marina at an in­vest­ment of EUR 100 mln.

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