Government and Larnaca reach agreement on port and marina development

An agreement has been reached between the government and Larnaca stakeholders regarding the future development of the city’s port and marina, marking a significant step forward for the region. The agreement was achieved during a meeting at the Presidential Palace on Tuesday, resolving prior disagreements and setting the stage for implementation.

According to an article by Kathimerini's Apostolos Tomaras, Transport Minister Alexis Vafeades announced that the agreement includes initiating a study by Greece’s Public Private Property Development Fund (PIFED) to determine the best development approach. This will circumvent lengthy bidding processes for experts, significantly reducing delays.

A Clear Path Forward

The study, focusing on the port, marina, and surrounding land, is expected to be completed within six months. Once concluded, the government will invite tenders, not for management but for investors to implement the study’s recommendations.

“The aim is to streamline the decision-making process,” said Vafeades, emphasizing the importance of reducing delays. He noted that the President of the Republic has prioritized the public interest in selecting the best option for development, whether through private investment or public management.

Stakeholder Support

The meeting was welcomed by local authorities. Larnaca Mayor Andreas Vyras expressed satisfaction with the outcome, particularly the commitment to permanent development solutions. He highlighted that no development option is off the table, whether involving private investors or the Ports Authority.

Vyras also confirmed that immediate works at the marina, including the yacht club and landscaping to connect it with the popular Finikoudes beach, will proceed without interruption. Temporary management of the marina will be handled by the Cyprus Centre for Sea and Shipping under the Larnaca Municipality.

Timelines and Expectations

Vafeades assured that the study, supported by input from local stakeholders, will present a clear vision for the area’s development. The estimated cost of the study is comparable to, or potentially lower than, hiring foreign experts.

Work on the marina will continue independently of the study’s progress. "This is an important and positive development," Vafeades stated, adding that the study will provide clarity and a roadmap for action.

The agreement has also led to the suspension of previously announced protests by Larnaca residents. “We are satisfied,” Vyras said, “because our main request for permanent development has been accepted, and we are moving forward.”

This development marks a turning point for Larnaca’s port and marina, with the promise of long-awaited investments benefiting both the city and Cyprus as a whole.