Construction sector gathers momentum

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Construction sector gathers momentum
 © FinancialMirror 2020

The construction industry is on firmer foundations as building permits picked up in July following the fallout from coronavirus lockdown introduced to stem the spread of COVID-19.

According to data by the Cyprus Statistical Services, the number of building permits issued by local authorities in July reached 740, which corresponds close to 1/4 of the total number of permits issued during the previous six months.

During the seven months, January to July 3,893 building permits was issued, 740 were approved in July, showing only a marginal decrease...


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This article was automatically added to our system 20-10-2020

Construction sector gathers momentum


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