Cyprus-Forum.com

[Lit]

€1bn Larnaca port develop set to begin

The new €1billion Larnaca port development project is set to begin, Communications and Works Minister Nicos Nicolaides said on Tuesday.

Speaking at the House Communications Committee, the minister said the project will include expanding the port, creating a marina that will have the capacity for 1,000 boats, constructing hotels and luxury homes as well as other infrastructure projects.

He also told members of the house committee that the ministry will begin final negotiations with the consortium which has been selected by the government, with the aim of the negotiations being to finalise the funding and deadlines to complete the project.

According to Nicolaides, all port development is expected to be completed within three years and all land infrastructure within six years.

Larnaca port will be able to accept large modern third generation cruise ships once the project is completed.

Source: Famagusta Gazette

[Z4]

€1bn Larnaca port develop set to begin

The new €1billion Larnaca port development project is set to begin

............................in 2025

[Raymanoff]

We don't need any expensive Marinas... we are already more expensive than Monaco. Mission accomplished...

[Nikitas]

Well said Ray! Maybe someone should suggest to Cyprus Tourism authority chaps to take a weekend off to visit Monaco.

[CBBB]

And not come back, we would be better off without them!

[Hazza]

I live 3 mins from the proposed Marina. Bring it on, increase the value of the appartment. Anyone know what is happening with the "Cyprusworld" development?