Limassol, Cyprus. Worsening traffic congestion in Limassol has become a threat to the city’s growth, business confidence and ability to retain major companies, according to the Limassol Chamber of Commerce and Industry. Chamber president Andreas Tsouloftas said the issue had moved beyond daily inconvenience and now carries economic consequences.
Warning over economic impact
Tsouloftas expressed the chamber’s concerns in comments to Entrepreneurial Limassol, Evel’s periodical, and during a broad meeting at Limassol municipal hall held under Transport Minister Alexis Vafeades.
The meeting was attended by mayors, community leaders and other competent bodies. Tsouloftas said Limassol could not afford to remain in years of discussions while long-delayed projects remained unimplemented.
Pressure on a key economic centre
Tsouloftas said the stakes for Limassol are economic, describing the city as the engine of the Cypriot economy. He said Limassol contributes almost 50 per cent of the country’s GDP and hosts a large share of Cyprus’ shipping, property, professional services and technology sectors.
He said that as the city has continued to expand, its road network has not kept pace.
Effect on residents and companies
According to Tsouloftas, the traffic problem is affecting residents’ quality of life, the daily operation of businesses and the confidence of companies that have chosen Limassol as their base.
He also said some large high-tech companies are considering whether they can continue operating in Cyprus because of the congestion.
Technology sector concerns
The warning comes as Cyprus seeks to strengthen its position as a regional technology hub. A recent TechIsland study found that the technology sector directly contributed 16.2 per cent of GDP in 2025, or €5.9 billion, while its wider economic impact reached €11.9 billion.
Tsouloftas said Limassol could no longer be treated as a city that can simply wait.