Cyprus Ministry of Transport, Communications and Works has launched the tender for the development of Larnaca port and marina.
In early March we reported that Cyprus government planned to carry out the privatization of Lanarca project. This government had already attempted to commercialize Larnaca’s port and marina but these attempts always ended in failure. The government met with the advisory team led by Ernst and Young and including Greece’s consultancy firm Salfo and Associates in order to prepare the necessary documents to attract investors.
Lanarca port is the second, in magnitude, port of the country and it is located in the southeastern part of Cyprus. Larnaka port is situated approximately 2 kilometer from the town center and is surrounded by residential units. On the north side there are oil product installations and at the south side it borders with Larnaka marina.
It has two quays for the mooring of ships:
It has a multipurpose port having an area of 445.000 square meters and serves all kinds of loads from unpacked (animal fodder, grain, gypsum), conventional (lumber, iron, fertilizers, automobiles) as well as oil products.
The tender should be concluded before the end of 2017. The first phase concerns the expression of interest (EOI) by possible investors, followed by the setting of parameters for the development of the port and marina. The second phase will include consultations with the Municipality of Larnaca.