Transport Ministry unveils car scrappage scheme

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Transport Ministry unveils car scrappage scheme
 © FinancialMirror 2020
The Transport Ministry has launched a scrappage incentive scheme to encourage Cypriot motorists to replace their old high-emission bangers with new eco-friendly cars, preferably electric ones.

The Road Transport Department has published the scheme on its website, calling on interested parties to submit their application from 4 February until 5 March 2020.

A budget for the programme has been set at €3 mln, of which €2.5 mln is earmarked for the withdrawal of old cars and replaced with a new car with a conventional engine meeting the emissions...


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Transport Ministry unveils car scrappage scheme


The contents of this article including any associated images are © FinancialMirror 2020
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Article Tags: transport, ministry, unveils, scrappage, scheme,