The Association of Large Investment Projects on Tuesday released a statement commenting on the scarcity of affordable housing, delving into the ramifications this issue poses. The association explained that that this challenge, combined with the generally low availability of housing units, demands immediate resolution. According to the association, a “critical concern is maintaining Cyprus’ appeal […]
The Association of Large Investment Projects warns that Cyprus's housing shortage, particularly a lack of affordable options, deters firms from relocating headquarters, hindering economic growth and investment. They propose government incentives for employee housing construction and streamlining the development licensing system to alleviate the crisis and maintain Cyprus's attractiveness as a corporate hub.
