Cyprus transport ministry unveils 2027 budget amid Paphos-Polis road project failure

On October 16, 2026, Transport Minister Evi Tsolaki presented a proposed 2027 budget of 611.2 million euros to the Cypriot Parliament, marking an 11.3 percent increase from 2026. This funding aims to support major road infrastructure, public utilities, and electric mobility projects, with current projects under execution valued at 640 million euros. Tsolaki reaffirmed the government's commitment to ensuring that all announced projects will be completed.

During the parliamentary hearing, the Minister addressed the status of the stalled Paphos-Polis Chrysochous highway. The project, which originated in 2006 and saw its initial contract terminated in November 2024 due to delays and financial disputes, remains in limbo. The Tender Board has officially rejected the two latest bids submitted in April 2026: one was disqualified for missing documentation, while the second was rejected because the quoted price was approximately 40 percent higher than the estimated cost. The government must now determine how to proceed with this long-delayed project, which has faced repeated setbacks since its first attempt at development.