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3.5 billion euros will be invested in Cyprus's infrastructure

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Liza Medvetskaya

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3 minutes

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November 6, 2026

Last Updated

November 10, 2026

3.5 billion euros will be invested in Cyprus's infrastructure

What will change in the coming years?

On Thursday, November 5, Cypriot President Nikos Christodoulides announced plans for a large-scale investment program during the opening ceremony for the renovated square and historic center of the village of Kili in the Paphos district.

According to Christodoulides, the program will cover the entire country. Its goal is to improve infrastructure, renovate public spaces, and make life in cities and villages more comfortable.

3.5 Billion Euros for Cyprus’s Infrastructure Development

The government plans to approve projects totaling 3.5 billion euros in September 2027. Implementation is expected to begin on January 1, 2028. Funding will consist of two parts:

  • 2.5 billion euros from the European Union;

  • 1 billion euros from Cyprus’s national budget.

These projects will be carried out in various parts of the island. They will address road infrastructure, traffic safety, the environment, the development of public spaces, and sustainable mobility.

The president emphasized that, in order to launch the program on time, projects must be prepared in advance and all necessary approvals obtained. To this end, local authorities must cooperate with district self-government organizations.

What Projects Are Being Prepared for Paphos

Approximately 75 million euros are planned to be allocated for the development of Paphos. Among the areas where urban planning and infrastructure changes are being prepared, the president named Kouklia, Peyia, and Lachi. The main areas of focus are:

  • road repair and development;

  • improving road safety;

  • creating conditions for pedestrians and cyclists;

  • improving the environmental situation;

  • renovating public spaces;

  • developing local infrastructure.

Special attention will be given to mountain villages and the historic centers of small towns. The government expects that revitalizing these areas will help attract tourists, support local businesses, and sustain life in rural areas.

The historic center of the village of Kili has been revitalized

One example of rural revitalization is the project in the village of Kili, where on November 5, the President of Cyprus inaugurated the renovated square and the village’s traditional center. As part of the project:

  • the streets were paved with traditional stone cobblestones;

  • accessible pathways were provided for people with disabilities;

  • the stormwater drainage system was upgraded;

  • utility lines were moved underground;

  • the area was landscaped, and benches and street furniture were installed;

  • planted vegetation and created green spaces.

At the ceremony, the president noted that such projects are important not only for the appearance of the villages. The renovated squares and streets should become gathering places for residents, families, and young people.

It is worth noting that construction of a regional center was previously completed in Kili. The volume of government investment amounted to approximately 8 million euros.

How the renovation of villages can impact the local economy

According to Michalakis Efthymios, chairman of the Kili local council, the redevelopment of the historic center is already changing the village’s appearance and creating new opportunities for business development.

Investors in the area are showing growing interest in opening taverns, cafes, and shops. This could attract more visitors, create new jobs, and support local entrepreneurship.

Authorities hope that the development of small communities will help reduce the outflow of residents to large cities. The renovation of roads, squares, and public spaces should make life in the villages more comfortable and create conditions for the development of tourism and business.

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