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EU Commission to co-finance Nicosia ring road with €32.9 million

road 01
File photo

The European Commission said Thursday it will be co-financing the construction of the Nicosia ring road to the tune of €32.9 million.

Phase C, section 1 of the Nicosia South Orbital Motorway will connect it with the motorway towards Limassol.

The main benefits of the project include reduced travel time in the greater area of Nicosia, reduction of congestion and decreasing its environment impacts, according to the project summary published by the Commission.

Cyprus, along with another 22 member states, is also participating in a project overseen by Eurocontrol which aims to improve interoperability and efficiency of air traffic management. The project will be granted €71.3 million.

The project includes a rolling plan that allows the major European hubs to reduce congestion, delays and unnecessary carbon and noise emissions; an operational concept that allows aircraft to fly more direct routes when crossing the European skies, allowing a reduction of flight times and significant savings of CO2 emissions; and a set of common standards, protocols and digital services that allow Aviation stakeholders to exchange aeronautical and flight information seamlessly.

In total across the bloc, the EU will co-finance 107 infrastructure projects with a total of €6.2 billion in grants targeted to supporting sustainable, safe, and efficient transport.

The 107 projects were selected from a total of 353 submitted in response to the call for proposals, published in 2022. EU funding will take the form of grants, which will be used to co-finance total project costs.

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