Ayia Napa marina construction makes progress in Cyprus

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Energy Advisor to the Egyptian Minister of Tourism, Emad Hassad, expressed on Thursday satisfaction over the way things are developing as regards the construction of the Ayia Napa marina, in the south-east part of Cyprus. The project is being implemented with an investment by Egyptian business tycoon, Naguib Sawiris.

Hassad and a group of private sector tourist operators and journalists from Egypt visited the venue where the marina is constructed. In statements to the media, the Egyptian official noted that “we are here because there is a trilateral agreement between Egypt, Cyprus and Greece to further the economic co-operation between the three countries, covering electricity, agricultural, communication and tourism.”

He said that they came to Cyprus to see “if we can work together, putting together a cruise between the three countries”, adding that it will probably start from the Mediterranean and goes further through the Suez Canal.”

Hassad noted that they are holding talks with the Cyprus Tourist Organization, while referring to the marina project, he said that “we are very happy to see how things are developing and we hope that we ‘ll be standing here next year with the port operating,”.

On his part, Stavros Caramondanis, CEO of M.M. Makronisos Marina Ltd., developer and operator of the Ayia Napa marina project, referred to the very good relations between Cyprus and Egypt at the political, energy and tourist sectors, noting that the main aim of this visit is to promote Cyprus` tourist product.

“It is with great pleasure that we host today the delegation of the Egyptian tourist organisation to the Ayia Napa marina to show them how works are evolving and how constructions are developing, according to the deadlines that have been set out,” he noted.

He added that the first vessels are expected to be able to dock in the marina in June 2019, and the commercial zone will operate.

Caramondanis also said that the first residences will be handed over in 2020 while the whole project will be delivered in 2021, within the deadlines set out. Furthermore he said that the purchase of residential property is on good track and that they are satisfied with the interest expressed by Cypriot and foreign investors.

He noted that other investments are also taking place in the area both by foreign and Cypriot businesspeople.

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