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Cyprus Real Estate and Construction sector contributed 17% of GVA in 2020, despite Covid
April 12, 2021
Despite the disruption caused by the Covid-19 pandemic the Real Estate and Construction sector in Cyprus contributed 17% to the country’s Gross Value Added during 2020.
And this despite the additional disruption later in the year by the Cyprus Investment Programme (CIP) termination as of November 2020.
This is what PwC’s Cyprus Real Estate Market – Year in Review 2020 which was released over the weekend shows.