New mall to bring life back to Paphos

CONSTRUCTION is underway to build a new mall in Paphos, which is hoped will help boost the flagging local economy.

The Kings Avenue mall is a joint venture between Aristo developers and  K. Athienitis.

Work is due to be finished within 20 months. According to Fivos Theodorou, the marketing officer or Aristo developers the project will cost more than €100 million and the mall will cover an area of 46,000 square metres.

The new mall is being built on an old KEO site in Kato Paphos and will have parking space for 1,000 vehicles.

Theodorou said the mall is being built in the tourist area of Paphos and will house numerous shops, cafes and restaurants as well as a seven screen cinema, a fun park and a supermarket. There will also be a green area.

He said: “This project is important for Paphos and will give job opportunities to the local work force.”

He added that the design would be modern and sleek and construction materials used would be of the highest quality.

“The Kings Avenue mall will upgrade the area, help the local economy and will be a boost for Paphos. The overall concept will be a privilege for the city,” he said.

Paphos has been worst hit of all the towns in Cyprus by the global financial crisis as the local economy is reliant on tourism and the construction industry. The new project is being hailed by local officials and is expected to help to greatly reduce the numbers of unemployed.

The Cyprus Mail is the only English-language daily newspaper published in Cyprus. It was established in 1945 and today, with its popular and widely-read website, the Cyprus Mail is among the most trusted news sites in Cyprus. The newspaper is not affiliated with any political parties and has always striven to maintain its independence. Over the past 70-plus years, the Cyprus Mail, with a small dedicated team, has covered momentous events in Cyprus’ modern history, chronicling the last gasps of British colonial rule, Cyprus’ truncated independence, the coup and Turkish invasion, and the decades of negotiations to stitch the divided island back together, plus a myriad of scandals, murders, and human interests stories that capture the island and its -people. Observers describe it as politically conservative.