marina development

marina development larnaca municipality

Larnaca’s Call for Clarity on Marina Development

The Larnaca marina and port development project is stalled due to a dispute between Kition Ocean Holdings and the government, causing concern among local officials and businesses. The region’s economic potential hinges on the successful completion of the project, with no substantial work commenced despite the availability of a construction permit.

marina development financial disagreements

Cyprus ‘will not be blackmailed’ over Larnaca marina

The dispute over Larnaca marina development involves financial clashes between the Cypriot government and Kition Ocean Holdings, leading to tensions as the full €10 million guarantee hasn’t been paid. President Nikos Christodoulides asserts that Cyprus won’t be blackmailed, emphasizing the project’s significance in transforming Larnaca’s coastal front and enhancing citizens’ lives.

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