Makronisos Marina New Development Projects
Makronisos Marina Ltd, a unit of the construction of a marina in Agia Napa with a capacity of 600 vessels
over a 30,000 square-metre area worth €220m. Construction work, expected to take five years, is scheduled
to begin on September 30, the company said in an emailed statement on Wednesday.
The construction of which will take about three years. A separate tender for the second stage of the construction
works which will include residential and commercial developments, such as "two towers and villas will follow, the
company said. "Construction works are estimated to create 800 jobs by contractors and subcontractors and further 200 persons will be employed to operate the project.
"The ambitious project is expected to offer new dynamism to the local economy and Cyprus tourism product in general.
Source: Sigma Live