Cyprus: Building Permits Decline As Project Values And Scale Rise In 2025

by THEFUTURE.TEAM

December 17, 2025

Overview Of Permit Activity In Early 2025

Statistics from the Cyprus Statistical Service reveal a 4.3% decline in the number of building permits issued between January and August 2025 compared to the previous year. A total of 4,842 permits were granted during this period, down from 5,062 in 2024, according to data published on Monday.

Increased Investment And Enhanced Project Scope

Despite the lower count, the overall value of the permits experienced a notable rise of 12.3%, while the total built-up area increased by 16.1%. Moreover, the number of residential units authorized grew by 14.6%, underscoring that while permit issuance has slowed, investment in quality and scope remains robust.

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Shifts In Permit Categories

Analysis of the permit categories indicates a widespread decline compared to the same period last year—except for permits related to residential buildings, which saw an 8.5% increase. In stark contrast, permits for road constructions plunged by 56.9%, and those for non-residential buildings fell by 41.7%, illustrating sector-specific challenges and adjustments.

Highlights Of August 2025

The month of August recorded the issuance of 647 building permits totaling €252.8 million in value, with an aggregate built-up area of 213,200 square meters. Projections based solely on August’s data suggest the construction of 1,147 new residential units.

Regulatory And Procedural Reforms

It is also significant that since July 1, 2024, responsibility for issuing building permits has transitioned from municipalities and district administrations to the Provincial Self-Government Organizations (ΕΟΑ). In addition, the entire approval process is now managed through the new integrated information system, Hippodamos, implemented across Cyprus.

This combination of declining permit numbers with rising operational scales reflects a market in transformation—where streamlined regulatory frameworks and sophisticated project planning drive substantial construction investments despite reduced permit volumes.

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Cyprus Ranks Among EU Leaders In Tertiary-Educated ICT Workforce

by THEFUTURE.TEAM

May 25, 2026

High Educational Attainment Sets Cyprus Apart

Recent data from Eurostat showed that Cyprus is expected to rank among the leading European countries for tertiary-educated ICT professionals in 2025. According to the figures, 96.4% of ICT professionals in Cyprus are projected to hold tertiary education qualifications, placing the country among the highest-ranked members of the European Union.

Gender Disparity Remains A Critical Challenge

Despite the high level of educational attainment, the ICT workforce in Cyprus continues to show a significant gender imbalance. Men are projected to account for 85.1% of ICT employees in 2025, while women are expected to represent 14.9% of the sector. In 2024, the split stood at 70.9% for men and 29.1% for women. The figures highlighted a widening gender gap within the country’s ICT workforce.

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European Union Trends And Comparative Analysis

Across the European Union, the number of ICT professionals is projected to increase to 3.4 million in 2025 from 3.2 million in 2024, representing annual growth of 5.1%. Men are expected to account for 83.4% of ICT employment across the bloc, equivalent to approximately 2.8 million workers, while women are projected to represent 16.6%.

National Performance Variability In Gender Representation

Countries within the EU show a varied landscape: the highest percentages of male ICT professionals are reported in the Czech Republic (92.9%), Slovenia (89.1%), Latvia (89.0%), Lithuania (88.9%), and Slovakia (88.4%). On the contrary, nations such as Denmark (30.0%), Sweden (29.8%), Romania (28.6%), Bulgaria (25.6%), and Croatia (25.2%) lead in female participation in the ICT arena.

Educational Background Across The European ICT Sector

Eurostat data also showed that most ICT professionals across the EU hold tertiary education qualifications. By 2025, 74.8% of ICT workers in the bloc are projected to have university-level education, while 25.2% are expected to hold secondary or post-secondary qualifications. Denmark recorded the highest share of tertiary-educated ICT professionals at 97.7%, followed by France at 96.6% and Cyprus at 96.4%. Other countries with high levels of tertiary-educated ICT workers included Ireland at 92.3%, Bulgaria at 91.1%, and Croatia at 90.9%. At the lower end of the ranking, Italy recorded 69.2%, while Portugal stood at 58.8%.

Conclusion

The data perfectly encapsulates the dual narrative in the ICT sector: while countries like Cyprus and Denmark achieve remarkable educational standards among ICT workers, persistent gender disparities remind us that diversity remains an ongoing challenge. As the ICT landscape continues to evolve, strategic policy formation and corporate governance will be pivotal in balancing excellence with inclusivity.

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