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12° Nicosia,
15 June, 2026
 

News Room

€125m road shock: Paphos–Polis project faces €50m cost jump and uncertain future ECONOMY

€125m road shock: Paphos–Polis project faces €50m cost jump and uncertain future

Apostolos Tomaras Any hopes that the Paphos–Polis Chrysochous road project would get back on track have now faded following the opening of new tenders, which have driven the cost sharply upward. The lowest bid submitted has pushed the price of the project to €124,850,000 (excluding VAT), up from the €73 million plus VAT for which the contract had originally been awarded to the Greek construction company INTRAKAT.
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