Developments Investors Re-Sales Why Us Featured
Larnaca Port to gain new Infrastructure

Property investment > news

Infrastructure work at Larnaca port and its marina will begin by the end of 2009 or by early 2010, Alekos Michaelides, Director of Public Works Department, has announced.

Michaelides said the Department is currently evaluating three dossiers, submitted by three groups of companies which are interested in putting forward tenders for the project.

"We hope that by the end of May, the Ministry of Communications and Works will decide on the contractor of its choice," he added.

The companies were invited to submit their tenders for the project in November 2006, said Michaelides, and added: “The contract with the successful company will be for a period of 35 years while the contract for the Larnaca marina development project is for three years, from the day it is signed.”

Infrastructure work at the port, he noted, should finish six years after the signing of the contract with the successful bidder.

The project will be assigned on the basis of BOT (Build, Operate, Transfer), he said. Zacharias Koulias, Chairman of the House Committee, asked that all relevant documentation on the project be submitted to the Committee for consideration.

 



Balcony view
Poolside

 

Universal Realty Awards
AIPP logo

NEW Development

Acropolis Panorama

Find us with
google earth
special
View our current special offers in Cyprus
Download a brochure for any of our current off plan investment property developments. Go..
dutch french flag german greece
babelfish
italy portugal russia spain

Cyprus | Paphos | Holiday Home Cyprus | Home | Contact us | About us | Site Map | Links | Mortgage Terms | Rentals Cyprus | Special offers
Visit our newest developments in Paphos:| Phaedra Luxury Villas | Thalassa View | Chloraka Terrace | St George Hills Cyprus
Acropolis Panorama and in Florida: Cypress Preserve Resort | Inspection visit 4 STAR Resort in Cyprus just £149
For immediate occupancy and resales in Cyprus visit: Resales Cyprus. The Alpha PIC Investors Circle - Become a member.
Fractional Property Ownership - Quarter-Ship - Quarter Share. Make your dream home a reality.
© 2007 Universal Vacations Realty leaders in overseas offplan investment properties in the Paphos area of Southern Cyprus.
Are you a property agent or IFA join UNI-Quote. Contact us sales@univac.com Problems? © MMVIII Universal Ltd. Updated on February 19th 2008