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  • 28 May 2020 Coronavirus Anastasiades outlines millions to be pumped into the economy updated

    Fortunately, the government is proceeding with helpful measures in order for... read more

  • 26 May 2020 The elite are snapping up pandemic passports so they can escape to safer countries

    Millionaires are looking to escape to a safe country with good medical... read more

  • 14 May 2020 CASINO RESORT Construction work resumes

    Construction work on the City of Dreams Mediterranean casino will resume on... read more

  • 11 May 2020 KEVE All the details of the business and employee support measures

    To deal with the effects of the crisis on the coronaire after their approval... read more

  • 13 March 2020 THE RECONSTRUCTION PLAN OF THE LARNACA MARINA

    The Larnaca Port & Marina Master Plan will become a great resource for the... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 28 May 2020 Coronavirus Anastasiades outlines millions to be pumped into the economy updated

    Fortunately, the government is proceeding with helpful measures in order for... read more

  • 26 May 2020 The elite are snapping up pandemic passports so they can escape to safer countries

    Millionaires are looking to escape to a safe country with good medical... read more

  • 14 May 2020 CASINO RESORT Construction work resumes

    Construction work on the City of Dreams Mediterranean casino will resume on... read more

  • 11 May 2020 KEVE All the details of the business and employee support measures

    To deal with the effects of the crisis on the coronaire after their approval... read more

  • 13 March 2020 THE RECONSTRUCTION PLAN OF THE LARNACA MARINA

    The Larnaca Port & Marina Master Plan will become a great resource for the... read more

Larnaca marina plans on track

   

The competition process to develop Larnaca marina and port are back on track and the tender documents will be delivered today (Friday) after the Transport Ministry rebutted claims that the project was beset by legal complications. 

THE PROCEDURES to invite tenders for the development of the Larnaca marina and port are on track, the transport ministry said on Thursday. It was responding to news reports claiming further delays. In a statement, the ministry said that the cabinet earlier this week approved the release of the final tender documents to the project suitors. The tender documents would be delivered on Friday as scheduled, it added. The ministry also rebutted claims that the mooted project is beset by legal complications. It said that a legal opinion, delivered by the attorney-general’s office on August 13, cleared the way for the project. Additionally, the ministry had received the opinions of the Commissioner for State Aid Control and the Commission for the Protection of Competition. It’s understood that the project’s suitors are having reservations about a clause that places a cap on the volume of cargo to be processed at Larnaca port. A ceiling of 900,000 tonnes per annum has been placed. The clause had been inserted in the agreement for the development of the new Limassol port and terminal, inaugurated in May this year. Initially three suitors had expressed an interest in the Larnaca marina & port project. Two subsequently withdrew, leaving only Ampa Ltd & Israel Shipyards Ltd in the running. 

Read more at: http://www.news.cyprus-property-buyers.com/2018/09/07/larnaca-marina-plans-on-track/id=00154662
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