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Ayia Napa marina moves forward

The marina at Ayia Napa is moving forward with the news that the Ministry of Energy, Trade, Industry and Tourism has received a €25 million bank guarantee from M.M. Makronisos Marina Ltd.
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Investors eye Venus Rock

A number of investors are reported to have shown a keen interest in the Venus Rock project at the recent Cyprus Investors' Summit, which was held recently at the Four Seasons Hotel in Limassol.
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Property deals stumble at prices

Property prices and uncertainty about foreclosures are hampering large foreign investments in mature development projects according to would-be investors at the Cyprus Investors Summit.
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Delinquent developers ultimatum

The Bank of Cyprus is to offer a last chance to delinquent developers, including Leptos Estates, Aristo Developers, Pafilia Property Developers, to start repaying their debts or face the consequences.
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Ayia Napa marina investment

Naguib Sawiris, billionaire businessman and founding member of the Al Masreyeen Al Ahrrar political party, plans to invest around €220 million in the construction of the Ayia Napa marina.
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Ayia Napa marina gets green light

Although contracts were signed two years ago, the Town Planning Department has just been given the go-ahead to issue a licence for the construction of the long-awaited Ayia Napa marina.
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Limassol marina open for business

President Nicos Anastasiades presided over the official opening ceremony of the Limassol marina on Thursday describing it as "a jewel for Limassol and for Cyprus" according to media reports.
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New Limassol marina is ‘a gem’

The Limassol marina project is expected to be completed by the end of the year, with an official opening taking place in spring of 2014; the first yachts were welcomed earlier this year.
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First marina apartments delivered

The first ninety four apartments on the new marina development in Limassol have been delivered marking the completion of beginning of the project's operation; the first yachts are anticipated to arrive in March.
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Contract for marina at Ayia Napa signed

After years of discussions and countless hours of dialogue involving two governments and six ministers, a contract has been agreed and signed for the long-awaited marina project at Ayia Napa.
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Paschalides ready to sign Ayia Napa marina deal

Earlier today, Antonis Paschalides spoke about a deal for the construction of a marina at Ayia Napa and also urged Paphos businessmen to resolve their differences that are delaying the Paphos marina project.
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Ambitious plans to change the face of Larnaca

The Larnaca town tourism board has announced plans to attract more visitors through a number of significant development projects over the next five years.
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Limassol marina workers start industrial action

Construction workers at the Limassol marina started industrial action today in a row over the use of cheap foreign contract labour, which they claim breaches a contract with their employers.
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Larnaca marina development to start in January

The Larnaca port and marina development is anticipated to start in January 2012, which along with other improvements should improve the attractiveness of the town as a tourist destination.
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Limassol marina on course for completion in 2012

The construction of Cyprus’ new marina at Limassol is progressing well and on course to be completed by the end of 2012.
Marinas

Limassol marina construction at full speed

Work on one of the most ambitious projects in Cyprus, the construction of a new marina in Limassol, is running at full speed and is expected to be ready to receive yachts in October 2012.
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Massive development planned for Cyprus

Plans for the largest development ever to be undertaken in Cyprus have come to light. We understand that the massive construction project, which will create 6,000 new jobs and attract more than half a million tourists each year, will get under way shortly.
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Bank of Cyprus loan for Limassol marina

An agreement has been reached between the Bank of Cyprus and Limassol Marina Limited for a loan for the construction of the new marina which should open in 2012.
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Final contracts for Limassol marina signed

Yesterday Antonis Paschalides, the Cyprus Minister of Commerce, signed the two final agreements signalling the start of construction work on the Limassol marina.
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Critics fear impact of Cyprus marina project in Limassol

Critics of one of Cyprus’ largest infrastructure schemes, the luxury marina project at Limassol, have concerns over its financial and environmental impact and fear that it will throw the harbour’s little guys overboard.
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