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Four state towers in the center of Nicosia at a cost of € 110 million.

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The state is acquiring privately owned buildings to house ministries and other government services, with the aim of reducing the huge costs incurred in renting. The state pays about € 24 million a year in rent, which is shared by 380 individuals and legal entities who lease about 600 buildings to the state throughout Cyprus.

According to information from “P”, the Minister of Transport, Communications and Works Mr. Giannis Karousos is launching through the Department of Public Works the announcement of two architectural tenders for the location of government buildings in the area of ​​the Presidential Palace and the General Secretariat, in the center of Nicosia. Specifically, high-rise buildings – towers will be erected to house the Legal Service and the Ministries of Interior, Justice and Transport.

The Legal Service

Within the coming The architectural tender for the construction of a privately owned building for the Legal Service on a plot of land near its existing facilities is expected to be announced within a week. The new building will house all legal officers. This will ensure a smoother operation and save resources, financial and not. The schedule for the completion of the construction of the new building, after the completion of the architectural competition, was set at three years. The building will have more than 10 floors, and the cost was initially estimated at € 20 million

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Source: politis.com.cy

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