The head of the Cyprus Department of Town Planning and Housing Kyriakos Kundouros and the director of the contractor Zemco Construction Ltd Marios Mikhailidis signed on Monday, 24 May an agreement to demolish old buildings and erect two new ones in the Strovolos II in Nicosia.
The project cost is estimated at €2,269,904.16 plus VAT. The implementation period is 18 months.
During the event, Kundouros announced that the reconstruction of two apartment buildings in Strovolos II will be carried out within the framework of the program “Reconstruction, Repair and Radical Improvement of Houses and Apartment Buildings of Government Settlements”.
As you may know, the government of Cyprus decided in 2010 to rebuild buildings in 8 regions of the country: Pano Lakatamia, Strovolos II, Agios Pavlos and Agios Mamas in Nicosia, Agia Anargyri I in Larnaca, as well as Agios Athanasios, Makarios III and Linopetra in Limassol.
The renovation includes the construction of a total of 184 apartment buildings and 2,655 houses that will meet the needs of the beneficiaries of these settlements, as well as young couples looking for housing.
According to the program and decisions of the ministers, some projects worth about €140 million have already been implemented. They concerned the construction of 45 multi-apartment buildings and 87 private houses, as well as the modernization of 50 multi-apartment buildings and 2,200 private houses.
At this stage, it is also planned to erect eight more apartment buildings, one of which will appear in the area of Strovolos II, 5 in Agios Mamas and 2 in Agia Anargiroi I, as well as renovation of 96 houses in the settlement of Agios Mamas.
According to the plans of the Department of Town Planning and Housing, these projects should be implemented in the period from 2021 to 2024. Also, the possibility of construction of five apartment buildings and renovation of 95 houses in various regions of the island is under consideration.
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