Transport Minister Evi Tsolaki has presented a proposed 2027 budget of 611.2 million euros to the House Transport Committee. This figure represents an 11.3 percent increase, or approximately 60 million euros, compared to the approved 2026 budget. The funding aims to accelerate major road projects, upgrade public infrastructure, and drive the transition toward electric mobility across the island. Tsolaki confirmed that the increased allocation focuses on public-benefit projects and assured the committee that no previously announced projects will be shelved.
The ministry's proposed spending, which excludes co-funded projects, totals 561,225,478 euros. An additional 50 million euros is earmarked for co-funded projects through the Directorate General for Growth. Currently, projects already underway are valued at 640 million euros. This includes 429 million euros for the ministry's own projects and 211 million euros for works carried out on behalf of other ministries. The Public Works Department will receive the largest share at 264.5 million euros, while the Department of Road Transport is allocated 140.97 million euros.
Road infrastructure remains a primary focus of the 2027 development programme. Significant funds are directed toward the Nicosia to Palaichori motorway with 21 million euros and Phase C of the Nicosia Ring Road with 18 million euros. The Deneia to Akaki to Astromeritis section is also slated for 18 million euros. For the Paphos to Polis Chrysochous road, 12.5 million euros is set for the first section, while 14 million euros is allocated for the second section from Stroumpi to Polis Chrysochous. This second section will be a 15-kilometre, four-lane road that is expected to require expropriations.
To support the green transition, the budget includes 31 million euros dedicated to electric mobility and fleet renewal. This includes 20 million euros to promote electric vehicles, 5 million euros for scrapping old and polluting vehicles, and 6 million euros for charging infrastructure for both light and heavy electric vehicles. This push follows a steady rise in registrations, with 2,220 electric vehicles registered in 2025 and 1,346 recorded in the first eight months of 2026. The budget aligns with a strategic plan for 2027 to 2029 that prioritizes safe transport infrastructure, improved air and sea connectivity, and the digital transformation of postal and electrical services.