The immediate start of construction work on the new building of the Institute of Neurology & Cyprus Genetics (INGK), marks the signing of contracts with the contracting company A. Aristotelous (Construction) Ltd, for an amount of €19,428,000 plus VAT.
This is the largest development project of the Institute since its foundation and concerns the creation of a state-of-the-art research center, with an area of 11,358 sq.m. with upgraded research infrastructure and new technology equipment, which will be erected next to the existing building in Agios Dometios.
The project is financed by the European Investment Bank with a loan of 26 million euros, with the support of the Republic of Cyprus, and covers both the creation of the building facilities, which are expected to be completed in a period of 30 months, and the support of the research activities of Institute.
The agreement was signed by the Director of Finance and Administration of the Institute, Marios Flouros, and the Managing Director of the contracting company A. Aristotelous (Construction) Ltd, Αριστότελις Αριστότελους, in the presence of the project's architect, Paris Philippou, on behalf of J +A Philippou Architects Engineers. “A vision is beginning to take shape and we look forward to the day when this new building is completed,” said the Chief Executive Officer & Medical Director of the Institute, Prof. Leonidas Phylaktos. As he said, with the implementation of the project, the Institute will be dynamically strengthened by contributing even further to the development of applied research and innovation in a particularly sensitive field such as health. “Our purpose remains the same, and having fellow travelers with the state supporting us makes it easier for us to devote ourselves to what we know best and to carry out our mission, which as I always repeat, is to be next to the patients , to our fellow citizens and to the state”, he concluded.
The Managing Director of the contracting company A. Aristotelous (Construction) Ltd, Mr. Aristoteles Aristotelous, stated that “projects like the one of the Institute always move us since it is for the public interest and the service of thousands of people. As a team we are prepared and ready to start work.” For his part, the Architect of the project, Mr. Paris Filippou, stated that “such collaborations are a great pleasure for us, not only for the project itself but also for the partners, and we look forward to an even more constructive collaboration”.