New €1.5bn development to be built in Cyprus

The Leptos Group, one of Cyprus' leading development companies, has announced the launch of a €1.5 billion mixed-use development to be built in the Paphos area of the island.

5th November, 2005

The Leptos Group, one of Cyprus' leading development companies, has announced the launch of a €1.5 billion mixed-use development to be built in the Paphos area of the island.

The scheme, to be known as Neopolis or New Town, will be located on a 250-acre site and will include a hospital, private university, research and development centre, office park and international business centre.

There will also be a range of cultural and leisure facilities, including...

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