07/01/2025
Launches Strategic Tender for Innovation Hub
The Republic of Cyprus has officially launched the tender process for the development of a state-of-the-art Science and Technology Park in Pentakomo—a flagship national project aiming to position Cyprus as a regional leader in innovation, research, and tech entrepreneurship.
Key Features:
· Almost 200 km² of allocated land with modern infrastructure and flexible zoning
· Priority sectors: solar energy, health technology, nanotechnology, and software and gaming
· Incentives: 5-year rent-free period, along with tax, IP, and infrastructure benefits
· Submission deadline: 12 September 2025
This transformative national initiative, with full government backing and streamlined permitting, facilitates academic and private sector collaboration—creating an ideal platform for the engagement of strategic investors and innovative enterprises.
Tender documents link
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