EIB focuses on road network, new museum and state laboratory in Cyprus for 2022

The further expansion of the Cyprus National Road Network, road safety, and the financing of the new Archaeological Museum and new State General Laboratory, are the three priorities that the European Investment Bank (EIB) is planning to discuss for the new year, said Lilyana Pavlova, Vice-President of the Bank, after meeting Cyprus Minister of Transport, Communications and Works, Yiannis Karoussos, on Friday, CNA reports.

In his statements, the Minister talked about the current cooperation the Ministry has with EIB since just a few months ago a new loan agreement for €112 million was signed. Through that, the financing of relevant projects was possible, such as new motorways and the speed cameras system.

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Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Palauenc05

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