Energy Ministry Extends Deadline for Strategic Investment in Pentakomo Science And Technology Park

by THEFUTURE.TEAM

September 9, 2025

The Energy Ministry has taken a decisive step by extending the submission deadline for bids in the strategic investment tender aimed at the development and operation of the Pentakomo Science and Technology Park.

Extended Deadline Opens Investment Opportunities

The revised deadline is now set for November 12, 2025, replacing the original target of September 12, 2025. This adjustment provides a broader window for discerning investors and companies to prepare competitive bids, responding to the evolving market dynamics.

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Competitive Tender Process Maintains Stability

The competitive procedure, conducted under a negotiation framework, retains all remaining provisions and conditions as originally outlined. This stability ensures that while the timeframe has been adjusted, the integrity and rigor of the procurement process remain intact.

Clear Channels for Investor Inquiries

For further details, interested parties are advised to contact Lefki Theodorou at 22867233 or via email at theodorou@energy.gov.cy. This transparent approach underscores the Ministry’s commitment to fostering clear communication and facilitating informed investment decisions.

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EU Invests €79 Billion In Environmental Protection As Companies Lead Spending

by THEFUTURE.TEAM

June 29, 2026

European Union member states invested €79 billion in environmental protection assets in 2025, according to Eurostat, reflecting continued spending on infrastructure aimed at reducing environmental impacts and managing natural resources.

The investment represented 0.4% of the EU’s gross domestic product and 1.9% of total investment across the economy.

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Wastewater Treatment Receives The Largest Share

Wastewater treatment attracted the largest share of environmental protection investment, accounting for 37.7% of total spending. Waste management followed with 27.3%, while air and climate protection projects represented 11.2%.

Companies Lead Environmental Investment

Businesses accounted for €49.6 billion, or 62.7%, of total environmental protection investment. Spending focused on specialised technologies and equipment designed to reduce the environmental impact of production processes.

These investments included equipment to reduce air emissions, the construction and maintenance of wastewater treatment facilities, vehicles used for waste transport, and waste collection plants. Companies also invested in land for natural reserves and biodiversity protection.

Public Sector Provides The Remaining Investment

General government and non-profit institutions accounted for the remaining 37.3% of environmental protection investment.

Eurostat’s figures show that wastewater treatment, waste management and air and climate protection accounted for the largest share of environmental protection investment across the European Union in 2025.

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