News

Great News for the Larnaca Marina and Port

The Transport Ministry announced on Monday that three companies have been qualified to proceed to the next phase in the tender for the development of Larnaca port and marina.

The companies are

1. The Amba Ltd & Israel Shipyards Ltd.
2. The China Communications Construction Company Ltd.
3. The consortium Peninsular and Oriental Steam Navigation Company with Cabo Marina S de RL;

The new Larnaca Marina has a total area of approximately 510,000 square metres, which includes the Larnaca port and marina as well as an undeveloped surrounding area.

The northern part will be used for port operations and the south for the marina. This part may be used for large cruise ships as the new plan includes berths for super yachts and cruise ships.

The marina also allows for the construction of high rise buildings up to 15 floors.

Investors will have the option to build residences, shopping areas, offices, restaurants, recreational or sports venues.