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Paphos marina faces further delays

The Paphos Grand Marina project, which has already been delayed by more than a decade, may face yet another delay following a decision by the authorities to refer the matter to the attorney-general.
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Larnaca marina edging forward

Ambitious plans for the Larnaca marina and port project are edging forward with Transport Minister Marios Demetriades announcing that the target to sign contracts is the end of 2017, depending on progress.
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Ambitious plan for Larnaca port unveiled

A new, ambitious plan for the Larnaca port has been unveiled by the Transport Ministry, which includes a marina to hold 750 50-metre yachts, 50-60 mega and Giga yachts and a 300m cruise ship.
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Tender process launched for Larnaca marina

The long-awaited Larnaca marina and port project took a step forward in the week with a request for submissions of interest for the construction of the 1,000 berth marina and port facilities.
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Paphos marina secures funding

The consortium awarded the contract for the construction of the Paphos marina has secured a letter from the Bank of Cyprus in which it guarantees to fund the entire project according to the president of the Paphos Chamber of Commerce and Industry.
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Threat to Paphos marina

A contractual dispute is threatening to derail Paphos marina following a demand by the contracting authority that the initial down payment by the consortium is submitted by November 10.
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Work to start on Ayia Napa marina

The first phase of construction work on the Ayia Napa marina is scheduled to get underway on 30 September following the signing of an agreement between Makronisos Marina Ltd and Greece’s Terna A.E.
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Residential twin towers at Ayia Napa

Work on the construction of two luxury residential twin towers ay Ayia Napa should get underway in late September and will form part of the town's new marina accommodating 400 to 450 vessels.
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Marina for Kiti

A marina on the southern coast of Cyprus between the villages of Kiti and Mazotos is under study and has the potential to bring large numbers of visitors from other parts of the island, as well as tourists.
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Property sales recovery underway?

Property sales in Cyprus increased in April 2016 compared to the same period last year, according to official statistics published by the Department of Lands and Surveys, with sales up by 35 per cent.
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Paralimni marina contract awarded

The contract for building and operating the Paralimni marina near the fishing reserve of Ayios Nikolaos and which will accommodate 300 vessels has been awarded to PMV Maritime Holdings Ltd.
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Larnaca port and marina project

The construction of the Larnaca port and marina project, which has been stalled by bureaucracy and legal wrangles for more than 25 years, will be put out to tender by September the Transport Minister has said.
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Paphos marina contract

Earlier today the Poseidon Grand Marina of Paphos consortium was awarded the tender for the construction of the town's marina, which will provide berths for around 1,000 plus residential and commercial developments.
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Ayia Napa marina revised plans

Ayia Napa is one step closer to getting its marina after the project's revised planning permit was approved and, with other works planned for the town, it will greatly benefit the area's economy.
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Bids submitted for Ayia Napa marina

More than 25 years after initial studies into five marina projects were undertaken, bids for the construction of the Ayia Napa marina have been submitted to the company in charge of the project M. M. Makronisos Marina Ltd.
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Ayia Napa marina construction starting soon

The construction of the marina at Ayia Napa, which is expected to cost around €220 million, is anticipated to start in early April according to an announcement by the mayor Yiannis Karousos.
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Middle Eastern investors eyeing Cyprus

Chestertons reports that Cyprus has carved a niche for itself over the years and is receiving considerable interest from Middle Eastern investors who are looking to establish their second home overseas.
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Green light for Paphos marina

After years of legal wrangling the Paphos marina project has been given the green light following a judgement handed down by the Cyprus Supreme Court on Monday more than 25 years after initial studies were undertaken.
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New expectations for major projects

The Cyprus Investment Promotion Agency has identified serious interest on behalf of a number of prospective investors in twenty eight large scale development projects in Cyprus.
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US firm wants Cyprus casino licence

Beverly Hills-based company Realty Group International (RGI) is seeking casino operators and investors to purchase land to build a 'super casino' in the Mediterranean island of Cyprus.
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