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Cypriot Investment Scheme
Repossession Property Yield Properties

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  • 17 November 2020 Historic day The development of Larnaca Harbour and Marina has been approved

    Historic day: The development of Larnaca Harbour and Marina has been approved read more

  • 13 July 2020 Μελέτη για τις περιοχές των Βρετανικών Βάσεων

    Ανακοινώθηκε η περιβαλλοντική μελέτη για... read more

  • 9 July 2020 Cabinet extends town planning incentives

    THE CABINET on Wednesday decided to extend existing town planning incentives... read more

  • 23 June 2020 Historic deal allows property development in British Bases

    CYPRIOTS who own land in non-military areas inside the British Bases will be... read more

  • 9 June 2020 Cyprus beaches have the best water quality in the EU

    Cyprus had the highest proportion of bathing sites with excellent water... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 17 November 2020 Historic day The development of Larnaca Harbour and Marina has been approved

    Historic day: The development of Larnaca Harbour and Marina has been approved read more

  • 13 July 2020 Μελέτη για τις περιοχές των Βρετανικών Βάσεων

    Ανακοινώθηκε η περιβαλλοντική μελέτη για... read more

  • 9 July 2020 Cabinet extends town planning incentives

    THE CABINET on Wednesday decided to extend existing town planning incentives... read more

  • 23 June 2020 Historic deal allows property development in British Bases

    CYPRIOTS who own land in non-military areas inside the British Bases will be... read more

  • 9 June 2020 Cyprus beaches have the best water quality in the EU

    Cyprus had the highest proportion of bathing sites with excellent water... read more

Historic day The development of Larnaca Harbour and Marina has been approved

Today is a historic day for Larnaca and for the whole of Cyprus. The Council of Ministers today approved the agreement on the single development of the Larnaca Port and Marina and next Friday 20 November the signatures will fall with the successful consortium Eldelman Holdings and Alexandrou Corporate Services Ltd in a special ceremony.

Announcing the decision, Transport Minister Giannis Karousos stressed that during a difficult period the Council of Ministers gave its approval for one of the most important development projects in our country for which investments will amount to EUR 1 billion.

"The additional estimated benefits to the local economy in addition to the creation of new jobs are expected to exceed EUR 120 million. Eur 1 million per year during the period of full growth", he said characteristically.

The projects are expected to start in January 2021 and will last 15 years. They include, among other things, the expansion of the port, the expansion and upgrading of the marina, the development of land that includes the development of space for social and cultural activities hospital and educational center, the creation of green spaces, sidewalks and sidewalks.

The two companies are of Israeli and Cypriot interests.

Περισσότερα στο: https://www.alphanews.live/economy/istoriki-imera-egkrithike-i-anaptyxi-toy-limanioy-kai-marinas-tis-larnakas