Delays in finding a consultant to carry out a study into the Kissonerga marina and cruise ship docking facility construction is scuppering plans to develop the wider area according to community leader.
Larnaca port and marina redevelopment project has hit a four-month delay in signing contracts with MPs demanding an update from the government but officials said the wait will soon be over.
Global real estate advisor Savills has been appointed as the master selling agent for Paralimni Marina, the new waterfront destination set to transform Cyprus.
The thirty-year saga of the Paphos marina continues with news that moves to study a proposal to create the marina at Kissonerga with docking facilities for cruise ships is about to get underway.
Ayia Napa marina is in the final phase of construction and is gearing up for the start of operations with the entrance and berthing of the first boat on January 27 marking the beginning of the marina’s pilot operations.
The redevelopment of the Larnaca port and the 600-berth marina is expected to start soon following an agreement reached between Cyprus and Israeli investors after year long negotiations.
The cabinet has given the green light for a study that will look into the possibility of building facilities for cruise ships as part of a proposed Paphos marina at Kissonerga Potima Bay to the north of the town.
Although progress with the construction of the Ayia Napa marina is moving ahead as planned, it seems that more time may be needed to complete some of the infrastructure needed for the project.
Legal action against the government's decision to award contracts for the Larnaca marina and port to be developed by an Israeli consortium have been filed with the administrative court.
A proposal to look at the possibility of including cruise ship facilities as part of the proposed Paphos marina at Kissonerga Potima Bay was given a positive reception at a meeting earlier today.
With Limassol's seafront peppered with luxury towers and new developments, there is almost no room for new projects, so investors are heading outwards while eyeing the area between the new marina and the old port.
Larnaca marina and port development plans have been put on hold for another three weeks as the strategic investor has asked for an extension to submit their final financial offer for the €400 million project.
It seems that the construction of the long-anticipated Paphos marina will be delayed following Pafilia's decision to withdraw its interest in a tender to design, build and operate the marina.
Construction work has begun on the Paralimni marina, which is expected to be fully operational by mid-2021 and which will and will have a capacity of approximately 300 vessels.
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.
Larnaca is set to see the construction of its first Mall within the next 18 months as part of a new facelift, while local authorities prepare to address challenges it will bring; town planning permits have been issued.
