The Nicosia municipality on Wednesday signed the contracts for the first stage of revamping the capital’s one-time commercial centre with work set to start in September this year.
The contract for the project to overhaul the triangle between Makarios Avenue, Stasicratous Street and Evagoras Avenue, was awarded to Cybarco-Panayides. Work on the first stage is scheduled to start on September 3. It will cost an estimated €8m and is expected to take 16 months.
The project aims to turn the area into a model of human-friendly urban environment that will have multiple benefits for residents, businesses and visitors, a news release said.
Continue reading at source: Cyprus Mail
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