The Cypriot government has announced the creation of a special inspection service under the Department of Lands and Surveys, set to launch in 2026. The functions of this so-called “urban planning police” will focus on ensuring quality, legality, and transparency in the execution of construction projects.
President Nikos Christodoulides emphasized that the new unit will strengthen compliance with the law, enhance the safety of developments, and establish stricter industry standards — benefiting both investors and society. At the same time, the government is demonstrating its readiness to support private investment by improving administrative processes and reducing barriers for businesses.
Support for Investors and Faster Permit Procedures
Among the key reforms already in place is the Business Facilitation Unit, which in recent months has become the main tool for processing applications for major and strategic projects. Authorities are overhauling the permitting system, reducing review times to 12 months and shifting most procedures into the digital environment.
According to Christodoulides, the long-term goal is the full digitalization of interactions between investors and the state, less bureaucracy, and faster decision-making.
In 2025–2026, Cyprus plans a large-scale transition to an e-government platform, which will simplify document submission and provide transparent tracking of approval stages.
Business Proposals and a New Economic Strategy
The chairman of the Cyprus Association of Large Developers, Andreas Dimitriadis, once again highlighted the need to create a Ministry of Development and Competitiveness. According to the business community’s proposal, such a ministry could serve as a central hub for coordinating reforms, supporting digital transformation, optimizing bureaucracy, and implementing a “one-stop shop” approach for investors.
This type of structure would speed up work on strategic projects and increase Cyprus’s attractiveness on the international stage.
Dimitriadis noted that the country has significant potential: it could become a regional center for advanced medical services, a hub for higher education, technology, and IT, and further strengthen its position in tourism, shipping, green energy, and infrastructure development. However, achieving this requires a coherent national strategy based on modern standards and transparent incentive mechanisms.
Importance for the Economy and Future Prospects
The Association of Large Developers unites 16 companies that manage some of the country’s most significant projects — from marinas and casinos to medical centers, universities, research parks, and tourism clusters. The total value of these projects exceeds €8 billion, and the sector’s continued development directly depends on government efficiency.
Special attention is given to the expected benefits of Cyprus joining the Schengen Area. According to market participants, this will boost tourist inflows, simplify business travel, and significantly increase the country’s investment appeal — especially in real estate and high-tech services.