Contract signed for Old Nicosia student residences
07:09 - 12 September 2023
The Municipality of Nicosia has signed a contract with construction company Stavros A. Stavrou to develop the student residence halls in Old Nicosia.
The contract, which was signed by Nicosia Mayor Constantinos Yiorkadjis and the construction company’s director, is worth €3,821,462 plus VAT and is being financed by the Cyprus Recovery and Resilience Fund.
The project will include 50 rooms, with one being suitable to accommodate people with disabilities. Each room is equipped with a fridge, microwave, double electric hob, extractor fan and hot/cold air-conditioning unit. There will also be a launderette with 12 washing machines and 12 dryers.
In addition, the building will be equipped with: photovoltaic power generation system, anti-theft system, closed-circuit television (CCTV), call system for the disabled, access control system, automation (lighting control) system, lightning protection and TV system for receiving TV signal.
Construction/renovation work is scheduled to begin on 16 September and last around 16 months.
News Feed
22 hours, 41 minutes ago Economy
The essential ingredients for Cyprus’ future as an international business and financial hub1 day, 22 hours ago Companies
17th IN Business Awards: Have you voted yet?1 day, 22 hours ago Technology
Digitisation and AI driving growth of new gen businesses1 day, 22 hours ago Companies
GOLD New Issue: Casting an Eye on AI2 days, 14 hours ago Economy
Tourist arrivals up 7.5% in Q1, down 0.8% in March2 days, 18 hours ago Economy
Cyprus-Germany Business Association holds networking event in Nicosia2 days, 18 hours ago Current Affairs
Andreas Kakouris is reportedly Cyprus’ candidate for UN General Assembly Presidency