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Cypriots among interested investors for Larnaca port, Minister says

07:48 - 30 September 2024

Economy Reporter

Foreign but also Cypriot investors have shown interest in the port of Larnaca, Minister of Transport, Communications and Works Alexis Vafeades has said, urging Cypriots to enter the bidding process for the port.

In statements after a 27 September meeting with the Mayor of Larnaca and the Ad Hoc Committee, the Minister referred to the development of the port and marina of Larnaca, saying that the project must be carried out in such a way as to serve the next generations.

The Minister was asked whether, given the situation in the Middle East, it is easy to find an investor for the port.

He replied that in last three months, the phone calls he has received and the reports from many people in the private sector, "encourage us that we will find an investor".

He added that Qatar is just one investor that has expressed interest.

There are, he continued, others who have expressed interest.

The Minister noted that there are also Cypriots who are interested adding that "we would like, if they can enter the bidding process, for Cypriots to get it."

(Source: CNA)

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