The need for more foreign labor in Cyprus’ construction industry is increasing. As one of the most impacted industries, this has led the Federation of Associations of Building Contractors of Cyprus (OSEOK) to demand an immediate solution to the labor shortage issue.
According to OSEOK, the issue is getting worse and has an impact on both public infrastructure and commercial development projects.
Apart from the construction sector, Cyprus’s labor crisis has harmed the nation’s economy by affecting industries like retail, healthcare, tourism, and tourism and hospitality.
Cyprus lacks enough labor to meet market demands despite full employment conditions.
The need for workers has grown as a result of economic expansion, rising tourism demand, and greater investment. But there are fewer and fewer personnel available.
OSEOK Stresses the Need for a Strategy to Address the Labor Shortage
The necessity of thorough strategic planning that tackles the immediate as well as long-term issues facing the construction sector was emphasized by the Federation of Associations of Building Contractors of Cyprus (OSEOK).
The OSEOK states that the following should be among the strategy’s main concerns:
- Expediting the international worker approval process.
- Currently, the approval process for applications might take up to six months.
- Signing bilateral pacts with nations with highly qualified labor.
connecting the labor market and education to get the next generation of workers ready for the demands of the modern industry.
reevaluating the potential for hiring asylum seekers in order to make use of the labor pool.
OSEOK stated that it is prepared to contribute to the establishment of a sustainable plan that guarantees the stability and growth of the building industry. According to OSEOK, the government, employers, and other authorities must work together in concert to address labor shortages.
A New Labor Law to Strengthen Cyprus’s Workforce
Yiannis Panayiotou, the Labor Minister of Cyprus, issued an order in December 2024 to make it easier for highly skilled workers from non-EU nations to enter the country. Additionally, the order seeks to facilitate employment for foreign workers and provide part-time employment opportunities for international students.
Regarding highly qualified workers from non-EU nations, the regulations target sectors such as pharmaceutical research, the marine industry, and information and communication technology.
Professionals with advanced degrees can apply for a European Blue Card, which allows them to live and work in the EU.
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