The Ministry of Transport, Communications and Works announces that today, 25 January 2023, the contract for the construction of the Nicosia - Paleochori motorway was signed. The Contract was signed by, on behalf of the Government, Ms Ann. Ms. Eleni Kaskiri, Director of the Department of Public Works, and on behalf of the company "IACOVOU - CYFIELD JOINT VENTURE", Mr. George Iakovou, on behalf of "IACOVOU BROTHERS (CONSTRUCTIONS) LIMITED", and George Chrysochos, on behalf of "CYFIELD CONSTRUCTION LIMITED", in the presence of the Minister of Transport, Communications and Works, Mr. George Chrysochos, on behalf of "CYFIELD CONSTRUCTION LIMITED".
The project includes a four (4) lane motorway, two (2) level roundabouts (Workers and Agrokipia), two (2) unlevel junctions (Agios Ioannis and Malounta), three (3) bridges, two (2) underground vehicle accesses and one (1) above-ground vehicle access.
The project includes a four (4) lane motorway, two (2) level roundabouts (Workers and Agrokipia), two (2) unlevel junctions (Agios Ioannis and Malounta), three (3) bridges, two (2) underground vehicle accesses and one (1) above-ground vehicle access. The budget of the project amounts to €71.4 million, including VAT, with an execution period of 42 months.
This project falls within the strategic plan for the connection of the national highway network, which aims to increase the number of visitors, reduce urbanization, revitalize the areas of the wider area of Pitsilia and Orini, as well as the wider area of Troodos. At the same time, the project will contribute to sustainable economic development, competitiveness and social cohesion.
The Minister of Transport, Communications and Works Mr. Yannis Karousos said that yet another long-awaited project, which the President of the Republic had announced, is now under construction. This is a project that local authorities and stakeholders have been waiting and demanding for decades. We are proud as a Government because all the long-awaited and important projects that local authorities have been demanding and claiming for decades are now under construction, such as the Paphos - Polis, Limassol - Saitta, Astromeritis - Evrychou motorways, the Nicosia ring road, the upgrading of the Larnaca - Dhekelia and Deryneia - Sotera road networks and many others.
The project is one of the largest in the budget of the Ministry of Transport.
For his part, the Mayor of Agrokipia, Mr. Sotiris Kyriakou, said that "a vision of many years is taking shape. We have heard a lot of 'wills' over the years and we have stuck to the 'wills' for 30 years. For us it is a great success as all the agreed timetables have been met. We express our sincere thanks to the Minister of Transport, Communications and Works, Mr. Yannis Karousos, as well as to the officials of the Ministry of Transport, Communications and Works who worked conscientiously and we had an excellent cooperation. We are particularly pleased because together we have managed to achieve this wonderful result." Nikos Alexandrakis said that "we feel great joy and satisfaction that the time has finally come to start the construction of the Nicosia - Paleochori highway, a historic day for the surrounding communities, which will give new impetus and development to the area", adding that "due to this project, urbanization in the area will stop. New jobs will be created, the area will be upgraded and people will be able to get to the capital safely in only 10 minutes". In conclusion, Alexandrakis thanked the Minister of Transport, Communications and Works for his tireless efforts that resulted in the project moving towards implementation.
(ΘΓ/ΜΓ/ΙΚ)
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