Larnaca’s port and marina are entering a new era of development. The Cypriot government is partnering with Greece’s HRADF to conduct a comprehensive study that will determine the long-term strategy for the area’s growth and usage. This comes after the state terminated its previous deal with Kition Ocean Holdings a year ago. In the meantime, €30 million has already been allocated for immediate enhancements to the marina.
Why it matters for investors: This project lays the foundation for large-scale infrastructure upgrades and potentially lucrative investment opportunities in the coastal Larnaca area. Once the study concludes, new private-sector partnerships and developments are expected — including commercial, tourism, and mixed-use projects. Now is a strategic moment for early-stage positioning.
Source in Greek: Philenews (2025)
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