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UAMCO Secures Permit For Aircraft Engine Test Facility In Cyprus

by THEFUTURE.TEAM

May 20, 2026

United Aerospace Maintenance Company (UAMCO) Ltd. has taken a decisive step forward in the aviation maintenance sector by securing the necessary urban planning permit for the construction of a state-of-the-art aircraft engine test cell in the Aradippou Industrial Area.

Strategic Expansion of MRO Capabilities

This permit marks a pivotal advancement in UAMCO’s strategic expansion. The company, already equipped with established maintenance, repair, and overhaul (MRO) facilities across Cyprus, is set to enhance its service offerings through this next-generation technological facility.

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Innovative Test Cell Technology In Action

The new test cell facility is engineered to be a cornerstone in the aerospace ecosystem. It will rigorously test, evaluate, and certify aircraft engines under strictly controlled conditions immediately following maintenance procedures. In a first for the Europe, Middle East, Africa, and Asia (EMEAA) region, the installation will eliminate the use of traditional overhead cranes in favor of a sophisticated, automated maneuvering system known as ‘Spider’, thereby significantly boosting operational efficiency and safety.

Collaborations That Drive Technological Innovation

To deliver on this ambitious project, UAMCO will partner with internationally renowned aerospace leader SAFRAN for high-tech equipment procurement. Local expertise complements this global outreach: the architectural and mechanical design is entrusted to DMA Architects-Engineers of Larnaca, a firm with over 40 years of industry experience, while GECO Constructions, a specialist in metal fabrication since 2005, will manage the primary construction works.

Strengthening Cyprus As A Regional Aviation Hub

This significant development not only fortifies UAMCO’s operational capabilities but also positions Cyprus as an emerging regional center for specialized aviation services and infrastructure. With an anticipated annual testing capacity of approximately 250 aircraft engines, this facility is set to meet increasing market demands while setting new industry standards in maintenance precision and safety.

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Italy And Cyprus Deepen Maritime Cooperation With Limassol Business Forum

by THEFUTURE.TEAM

October 8, 2026

Italy and Cyprus are stepping up cooperation in shipping, port development and maritime investment, with a business forum in Limassol bringing together policymakers, shipowners and industry leaders to explore new commercial opportunities.

The Italy-Cyprus Maritime Business Forum, organised by the Italian Embassy in Nicosia, will take place at 9 a.m. on Friday, October 9, at the DP World Cruise Terminal in Limassol. Discussions will focus on sustainable ports, shipping regulation and international maritime corridors, with three panels connecting public-sector priorities with private investment and industry expertise.

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A Strategic Partnership For Maritime Growth

The forum aims to strengthen ties between shipowners, ship managers, shipyards, port operators, insurers and maritime service providers in the two countries, with a focus on infrastructure, technology and investment.

Shipping accounts for about 7% of Cyprus’ GDP, while the wider blue economy contributes roughly 25%, according to figures cited by the organisers. Beyond shipping, the sector includes coastal tourism, fisheries and aquaculture, making maritime development an important part of Cyprus’ broader economic strategy.

Italy offers complementary strengths in shipbuilding, maritime logistics and insurance. Its shipbuilding exports exceeded €5 billion in 2025, while Italian companies accounted for 56% of global superyacht orders by volume and 36% by value.

Together, the two countries bring different but complementary capabilities: Cyprus as an international shipping hub and Italy as a major source of industrial expertise, maritime technology and shipbuilding capacity.

From Maritime Links To Commercial Opportunities

Italian ambassador to Cyprus Antonella Cavallari said the two countries should use their longstanding maritime ties to build a broader economic partnership.

“The sea has always connected Italy and Cyprus, and today it can become the engine of an even more ambitious economic partnership,” she said.

Cavallari said the forum is intended to turn this potential into practical projects, including partnerships between companies, ports and port cities, while exploring future trade routes such as the India-Middle East-Europe Economic Corridor (IMEC).

Focus On Sustainable Ports And Shipping

The opening panel will examine how ports can support economic development while meeting European environmental requirements and integrating more effectively with surrounding cities.

A second session will focus on shipping management, regulatory compliance, maritime safety and industry best practices, bringing together representatives from shipowners, ship management companies, the Cyprus Shipping Chamber and DP World Limassol.

The final panel will turn to international maritime cooperation and investment in ports and terminals, with particular attention to emerging shipping corridors and IMEC.

Cyprus’ Role In IMEC

Cyprus’ position within the proposed India-Middle East-Europe Economic Corridor will be among the key topics of the final discussion. The initiative aims to improve connectivity between India, the Middle East and Europe and could create new opportunities for ports and logistics hubs across the region.

Rona Panteli, Cyprus’ IMEC representative and head of the Connectivity Unit at the Foreign Ministry, will join the discussion alongside representatives of the Port System Authority of the Eastern Adriatic Sea, Cyprus Ports Authority, Invest Cyprus and the Italian-Cypriot Chamber of Commerce.

Building A Broader Maritime Ecosystem

Beyond the formal panels, the forum is designed to connect Italian and Cypriot businesses and encourage partnerships across shipping, logistics and maritime services.

The event is organised with the Italian Trade Agency (ICE), the Italian-Cypriot Chamber of Commerce, the Cyprus Chamber of Commerce and Industry (Keve), the Cyprus Shipping Chamber (CSC), Invest Cyprus, the Limassol Chamber of Commerce and Industry (Evel) and the Cyprus-Italy Business Association.

DP World and Limassol Municipality are supporting the event, which is being held under the auspices of the Shipping Deputy Ministry.