Construction and Engineering Suppliers Prepare for Major Project Opportunities

Cyprus’s infrastructure pipeline creates potential opportunities for construction suppliers, engineering companies and specialist subcontractors. The Paphos–Polis road procurement decision on 16 October highlights the challenge of reconciling contractor pricing with government budgets. The two rejected bids were €124.85 million and €128.94 million, excluding VAT, against a government estimate of €90.2 million. These figures are submitted bids rather than awarded contract values.