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Shortlist drafted for Larnaca port development

Three international consortia have been shortlisted from a list of five following the submission of proposals for the development of the Larnaca port and marina.

‘Peninsular and Oriental Steam Navigation Company and Cabo Marina S. de R.L. de C.V’, the Israeli consortium ‘AMPA Ltd & Israel Shipyards Ltd’ and the Chinese construction colossus ‘China Communications Construction Company Limited’ are the three companies named by the Communications Ministry that have qualified for the next round.

The proposals are for the long term development and commercial utilisation of the Larnaca port and marina.

“Securing a successful, attractive and innovative development,” is, according to the Transport Ministry, what is aimed to form the development.

The ultimate aim is to develop the area into an attractive tourist destination for various users and visitors while the port and marina will be developed along the lines of the latest international standards.

The competition was announced last November while at the end of March 2017, Transport Minister Marios Demetriades announced that five consortia had submitted proposals.

A draft assignment contract has been prepared for the three consortia going into the next round which has also been being given to the Legal and other state services for input. The comments by the state services will shape the draft contract to be given to the consortia for their input before the final contract document is drawn up.

‘MACE International (UK), M.G.E. Venture, SEA Alliance, OINT Venture V.T.S, EMS&FRS’ and ‘AVI GIANT Corporation & Affiliates’ are the two consortia that did not pass through to the second round of the competition. Both consortia included the only Cypriot interests involved in the process

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