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’ Poverty And Social Exclusion Risk Stands At 17.1%

by THEFUTURE.TEAM

October 20, 2026

Cyprus recorded a poverty or social exclusion risk rate of 17.1% in 2025, below the European Union average of 20.9%, according to new Eurostat figures. Across the bloc, however, more than 92 million people continued to face the risk, highlighting persistent social and economic inequalities.

More Than 92 Million People At Risk Across The EU

A total of 92.7 million people across the EU were at risk of poverty or social exclusion in 2025, equivalent to just over one in five residents.

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Cyprus is treated as a single statistical region because of its size, unlike many member states divided into multiple regions for comparison. Its national figure therefore provides an overall picture but does not capture differences between districts or communities.

Regional Gaps Remain Stark Across Europe

The risk varied considerably across the EU, with the highest rates concentrated largely in southern, eastern and outermost regions. In 24 of the 243 regions with available data, at least 31.5% of the population faced poverty or social exclusion.

These regions were located in Spain, Bulgaria, Greece, Italy, France and Romania, as well as Brussels in Belgium and Bremen in north-western Germany.

French Guiana recorded the highest rate, at 54.8%, followed by Calabria in southern Italy at 45.3% and Sicily at 44%. Melilla, a Spanish autonomous city, recorded 43.7%, while Réunion, another French outermost region, stood at 42.3%.

Central Europe Records The Lowest Rates

At the other end of the scale, 24 regions reported poverty or social exclusion risk rates below 13% in 2025. These included five eastern EU capital regions: Bratislava in Slovakia, Warsaw in Poland, Prague in the Czech Republic, Budapest in Hungary and Zagreb in Croatia.

Other regions with low rates were concentrated in northern Italy, the Czech Republic, northern Belgium, Hungary, Poland and Austria, illustrating the uneven distribution of economic security across Europe.

Cyprus Remains Below The EU Average

Cyprus’ rate of 17.1% places it below the EU average, although it remains higher than the levels recorded in the bloc’s lowest-risk regions.

The figures suggest that Cyprus performs relatively well compared with the wider EU, but poverty and social exclusion remain significant challenges across the bloc, affecting more than 92 million people.

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