Limassol chamber of commerce criticizes 2027 state budget infrastructure allocations

The Limassol Chamber of Commerce and Industry (Evel) has formally expressed dissatisfaction with the proposed 2027 state budget, arguing that the city is being sidelined in national development planning. The chamber contends that the allocation for Limassol-based infrastructure is insufficient given the region's contribution to the national economy.

According to the chamber, the 2027 budget includes only three major projects for Limassol, totaling approximately €57 million. This figure represents a mere 3.8% of the total €1.5 billion earmarked for national infrastructure projects. Evel officials have questioned the criteria used to establish these state priorities, noting that Limassol remains a critical pillar of Cyprus's GDP and cannot sustain its economic momentum without adequate public investment. The organization argued that relying solely on private investment is unsustainable and that a lack of public infrastructure negatively impacts business competitiveness, productivity, and the general quality of life for residents.

The chamber is now demanding a comprehensive review of the budget's development priorities and is calling for formal commitments to implement additional essential projects in the Limassol district. The organization emphasized that this is not an isolated instance, as the city has consistently failed to receive funding proportional to its economic significance in previous years.