The construction and civil engineering industry has always been a key driver and indicator of economic activity. Recently however, Cyprus has experienced a decline of the sector with a consequential adverse effect on employment and the sector’s contribution to the economic growth of Cyprus. In addition, the uncertainty experienced in today’s difficult economic environment, changes in regulations, taxes and other considerations render the business environment including the construction and engineering sector, even more complex. These additional risks and concerns arising in the current volatile business marketplace, need to be tackled through specialised knowledge, in order to reach wise and timely decisions in the light of the challenges lying ahead.
In PwC you have a partner that can assist in achieving your business and financial goals. Using an integrated approach to problem-solving, our construction and engineering professionals can respond to your specific needs and help you through each phase of the sector’s cycle and across a broad spectrum of activities, including tax structuring and compliance, business development strategies, financing options, feasibility studies and evaluating acquisitions.