Precast Factory (Cyprus) Ltd, a subsidiary of the Nickom Construction Group, will become a major player in Cyprus' promising construction sector when it launches its first state-of-the-art production facility on the island in March 2012.

Nickom will introduce pioneering precast concrete products to Cyprus' market this year, carving an untapped niche with the latest in technological advances, offering an unrivalled product in terms of quality, cost, speed, safety and energy efficiency for the construction sector.

On a site of 180,000 square metres, the factory (covering over 15,000 square metres) will consist of a pallet circuit for walls and slabs and a stationary production for frame structures such as columns, beams and staircases, thereby encompassing a unique production facility supplying precast parts to the construction industry in Cyprus.