Add news
March 2010
April 2010
May 2010June 2010July 2010
August 2010
September 2010October 2010
November 2010
December 2010
January 2011
February 2011March 2011April 2011May 2011June 2011July 2011August 2011September 2011October 2011November 2011December 2011January 2012February 2012March 2012April 2012May 2012June 2012July 2012August 2012September 2012October 2012November 2012December 2012January 2013February 2013March 2013April 2013May 2013June 2013July 2013August 2013September 2013October 2013November 2013December 2013January 2014February 2014March 2014April 2014May 2014June 2014July 2014August 2014September 2014October 2014November 2014December 2014January 2015February 2015March 2015April 2015May 2015June 2015July 2015August 2015September 2015October 2015November 2015December 2015January 2016February 2016March 2016April 2016May 2016June 2016July 2016August 2016September 2016October 2016November 2016December 2016January 2017February 2017March 2017April 2017May 2017June 2017July 2017August 2017September 2017October 2017November 2017December 2017January 2018February 2018March 2018April 2018May 2018June 2018July 2018August 2018September 2018October 2018November 2018December 2018January 2019February 2019March 2019April 2019May 2019June 2019July 2019August 2019September 2019October 2019November 2019December 2019January 2020February 2020March 2020April 2020May 2020June 2020July 2020August 2020
News Every Day |

€12m in state funds to rejuvenate green line areas

Close to €12 million in state aid will be given to the Nicosia and Ayios Dhometios municipalities as part of a four-year Green Line rejuvenation project, Interior Minister Nicos Nouris said on Monday.

Specifically, €11 million will be split into €9 million for the Nicosia municipality and €2 million for Ayios Dhometios.

Another €945,000 in state aid will be given to individuals to strengthen business activities, €700,000 for Nicosia municipality and the rest for Ayios Dhometios.

Nouris said another €50,000 will be given to the municipalities to buy services from an architect to monitor the works.  Also, he added €5,000 will be given for the promotion of the projects.

Specifically, the projects in Nicosia will include renovation of the ‘Stoa’ building in the old town, the municipal council building, the Ekate Fine Arts Centre,  the former public baths building, Rigainis Street, the municipality building at D’Avila, Laiki Yitonia, the wholesale market by Sopaz, and the CVAR Centre.

In Ayios Dhometios the €2 million will be used to construct a new outdoor amphitheatre, create a cultural centre out of the Demades homes, and create a road around the fields near the amphitheatre.

Nouris said the projects can start at the last on June 30, 2021, due to the coronavirus pandemic.

On the business funds to be given to business owners, he said the plan is to draw new businesses to the areas.

The plan provides incentives to owners or tenants of buildings or land in the areas and beneficiaries of the project can be companies of any size, which will invest in the areas.

He added that the selected funds will include construction work on existing or new buildings, with the aim of either creating a new business or relocating an existing business. Nouris said that extensions of electrical, plumbing and mechanical installations of the building and its construction are also being subsidised.

Nouris said for Nicosia, the sponsorship covers 75 per cent of the eligible budgeted cost of the expenditure, with a maximum financial assistance of €40,000 per business, while for Ayios Dhometios, the sponsorship covers 50 per cent of the eligible budgeted cost, with a maximum financial assistance of €50,000 per business.



The post €12m in state funds to rejuvenate green line areas appeared first on Cyprus Mail.

Read also

My Mom's AMAZING Video!

Christian worker who watched porn to relieve stress of job has stroke in office

Climbing the Ladder: Salvador Pérez

News, articles, comments, with a minute-by-minute update, now on — latest news 24/7. You can add your news instantly now — here