Kourion Municipality Advances Kokkinokampos Industrial Zone Development

Project Overview

Limassol’s Kourion municipality is set to transform the Kokkinokampos area with the development of a fully organized industrial zone, directly connected to the Limassol–Saittas motorway. This initiative aims to meet the increasing demand for storage and light industrial spaces in the broader Limassol district.

Strategic Location And Approvals Secured

The industrial area is strategically located east of the Third Industrial Zone of Ypsonas, south of the former landfill in Vati, and west of the Ypsonas–Polemidia livestock farming zone. The project, originally detailed by Entrepreneurial Limassol, has received strong backing from local leadership, with Mayor Pantelis Georgiou outlining the forthcoming steps.

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Comprehensive Planning And Regulatory Milestones

The municipality has confirmed that all necessary studies have been completed and requisite approvals from key government departments have been secured. In its formal communication, the local authority urged the Ministry of Commerce and Industry to advance the critical expropriation process. The ministry has responded by providing expropriation lists initially compiled in 2022, prompting a review and update by the Department of Lands and Surveys.

Robust Timeline And Future Economic Impact

Mayor Georgiou stated that, once updated expropriation lists are approved, the Ministry of Commerce and Industry will initiate further procedures, potentially allowing for tendering the construction phase before the end of 2026. The envisioned industrial zone will primarily accommodate storage facilities to serve the expanding Limassol market while also hosting small manufacturing units and workshops engaged in metal constructions and carpentry activities.

Enhancing Regional Competitiveness

The new development will not only alleviate congestion in existing industrial areas but also strengthen Limassol’s economic footprint by offering modern infrastructure in an area with limited prior development. Its proximity to the recently completed phase of the Limassol–Saittas road further enhances the zone’s appeal, facilitating effortless connectivity to and from the heart of Limassol.

With studies finalized, approvals secured and essential regulatory updates underway, the Kokkinokampos Industrial Zone is poised to become a key hub for storage and light industrial activities, positioning the region for sustainable economic growth.

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Cyprus Strengthens Its Case As A European Chess Hub After FIDE President’s Visit

by THEFUTURE.TEAM

October 20, 2026

Cyprus is sharpening its position on the European chess map, with the island’s rising profile now drawing attention at the highest levels of the sport.

Fide Leadership Backs Cyprus’ Chess Ambitions

International Chess Federation (FIDE) president Timur Turlov, who also leads Freedom Holding Corp and Freedom24, met President Nikos Christodoulides at the Presidential Palace in Nicosia on Monday to discuss the future of chess development in Cyprus. The talks centered on the island’s growing importance in European chess and the momentum built since Freedom became general partner of the Cyprus Chess Federation in 2023.

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“In three years, Cyprus has become one of Europe’s chess hubs, and we want to keep building on that,” Turlov said. “It was important for us to present our plans for chess on the island to the President, and we are grateful for his time and attention to the game.”

A Broader Strategy For Growth

Turlov was elected FIDE president on September 26 at the federation’s congress in Samarkand. His 2027–2030 programme calls for roughly €30 million in funding over four years to support global chess development, including an annual development fund of €6.2 million, nearly four times the current budget.

The proposed funding is designed to expand competition opportunities, strengthen youth development, improve chess education, support coaches and arbiters, accelerate digital tools, and promote women’s chess.

Cyprus Has Become A Proven Host For Major Events

Since Freedom became the federation’s general partner in 2023, Cyprus has hosted 26 tournaments, including stages of the FIDE Women’s World Grand Prix in Nicosia in 2023 and 2025. The island also welcomed the 2026 Candidates Tournament, which featured a €1 million prize fund and brought top international players to Cap St Georges Hotel and Resort.

For Cyprus, that event carried symbolic weight. It was the first time in the country’s chess history that the world’s leading contenders had competed on the island, underscoring its emergence as a credible destination for elite international chess.

Building A Pipeline For The Next Generation

The local ecosystem is also expanding at the grassroots level. The Freedom24 Chess Academy opened in Limassol on March 1, 2025, under the leadership of International Master Artem Sadovsky. Its mission is to develop competitive players capable of representing Cyprus on the international stage.

According to the Cyprus Chess Federation, around 2,000 people in Cyprus now play chess actively, most of them children. That matters: a sustainable chess economy, like any successful sports ecosystem, depends not only on marquee tournaments but also on a steady pipeline of young talent, coaching infrastructure and institutional support.

As Cyprus continues to invest in the game, it is increasingly positioning itself not just as a host nation, but as a serious contributor to the future of European chess.

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