Economy category powered by

Paphos CCI: Marina tender process to be completed in 2024

The tender process for Paphos marina is expected to be completed towards the end of 2024, according to the president of the town’s Chamber of Commerce and Industry, George Mais.

Mais said in an interview with the Cyprus News Agency that the process to select the firm that will prepare the tender forms for Paphos marina is currently ongoing. If there are no appeals, by the end of April, the contract will be awarded and the preparation of the tender forms will get underway.

He said the tender submission process is then expected to be completed by the end of 2024 and the successful bidder will be announced.

According to Mais, Paphos marina is a project of great importance that will enrich the town’s tourism product and strengthen maritime tourism, while it will also help the other marinas of Cyprus. He added that a destination should have a network of marinas for visitors by sea.

He revealed that he met with President Nikos Christodoulides earlier this month, who assured him that the procedures "will run" quickly and without delay bar unforeseen circumstances, such as any appeals. Christodoulides also said that the Deputy Ministry of Tourism and government will do everything in their power to ensure the marina’s construction gets underway the soonest possible, as it is also part of the state’s strategy for tourism.

The Deputy Ministry previously announced that three firms have submitted proposals in the tender process for purchasing advisory services for the Paphos marina project, in the Potima area of Kissonerga.

It said that following a Council of Ministers decision, the Deputy Ministry proceeded on 4 October to invite tenders to procure experts that will help it prepare the terms of the tender and provide advisory support throughout the tender process to find the investor for Paphos marina.

It is noted that the procurement deadline expired on 18 December and three bids were filed through the e-procurement system. A team has already been appointed to assess the bids.

Read More

Major recognition for CARAMONDANI Group in the global desalination industry
Tango CFO Nati Toledo: Headquartering in Cyprus was the right decision
George Campanellas on the many attractive sectors for investment on offer in Cyprus
Demetris Tsiakkis: Cyprus’ real estate market exceeded €4b in 2024
George Chrysochos: Investments in urban apartments have the best returns
Alkis Simopoulos on the ease of doing business Cyprus
Panel discussion highlights Cyprus as a premier destination for High Net Worth Individuals
Alpha Bank's Kyriacos Michaelides highlights Cyprus as a destination for Affluent & HNWIs
Chief Scientist presents Cyprus as a growing hub for technology, innovation and digital transformation
Kornilios Korniliou: The 7th Doing Business in Cyprus Summit "underscores the immense potential of our bilateral relations"