€25.5 million from the Cohesion Fund will contribute to finishing the works on a key motorway linking the port of Limassol, an important economic hub and the largest port in Cyprus, to the city of Paphos on the western coast of the island.
“This EU-funded project will ensure smoother transport of passengers and goods from and to the Limassol port, one of the busiest ports in the Mediterranean transit trade, directly contributing to the competitiveness of Cyprus’ real economy,” commented Commissioner for Regional policy Corina Crețu.
In addition to the economic boost, the project will help reduce traffic congestion in the Limassol urban area and increase road safety. The project already benefited from a €50 million EU investment in the 2007-2013 funding period. It financed the construction of a drainage system to prevent the risk of flooding along the road, especially in residential areas, and help protect the environment.
Source: European Commission