May – 2013 – CYPRUS
PAPHOS – The Church of Cyprus is planning development projects worth millions of euros that will create thousands of jobs, Archbishop Chrysostomos said on Monday.
Speaking on the sidelines of a visit to Paphos hospital, he said that the government would do everything possible to spur growth.
He said he was confident that with hard work, Cyprus will soon be back on the road to recovery.
The Archbishopric has several plans it will be soon act on that will give work to thousands, he added.
They include the construction of large hotel on land belonging to the Archbishopric in Paphos at a cost of some €60m to €70m. It has also reached agreement for a 75 megawatt solar energy park outside Nicosia at an investment of €100m.
The Archbishopric will create an English language school in Makedonitissa, while other plans include an energy investment with Russians and Israelis.
The church will also press ahead with other projects in cooperation with Cypriots and foreign investors.