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It is with great pleasure that I participate in today's event which, among many other things, marks a new beginning for the city of Larnaca. The "Land of Tomorrow" project is not just another urban development in Larnaca and in our country, but it is the clear prospect of a new development dynamic for the city of Larnaca.
My presence here today together with Ministers is indicative of how important we as the Executive consider this project to be. A private initiative, an example of sustainable development, which has been a key pillar of our governance, the need to combine development with all the challenges we face in relation to climate change. Land of Tomorrow aims to create sustainable coastal development, which will act as a catalyst in our joint effort to revitalise the wider region. This development is not just about buildings and infrastructure. It is about creating an area that will enhance the development of the local economy and beyond, as well as the well-being of citizens, with full respect for the environment.
Larnaca, with its impressive heritage, diverse natural environment and close relationship with the sea, will now add to its urban centre an area fully in harmony with its surroundings.
With the prospects opened up through the implementation of this project, the city of Zenonas will re-establish itself in the tourism and investment world as a destination with great claims.
We welcome such serious and reliable investments. The fact that this cooperation exists is the best and strongest vote of confidence for this project to come to fruition. We are a country that relies heavily on investment, but we are a country that wants to have reliable investments and investors that can meet their obligations. And I am very happy because there is this cooperation.
With my friend Vatim I was also at the presentation of the project in Berengaria. Today we are here. Dear Vatim, between your two investments, from the snow you will be able to enjoy the beach.
I think that there is no better prospect and with your investment, and with all that is being done on the part of the executive, my friend Mayor, you can proudly say now that Larnaca is not the "poor relative". We met a few days ago, we decided what to do in the port of Larnaca, with strong financial support from the state for the projects that need to be done. Tomorrow you have a meeting with the responsible Minister of Transport and next week together we will announce specifically how we are proceeding.
From the very first moment, as I promised in writing, I mentioned the issue of the University. The Deputy Minister of Shipping is here and I think there is no better indication that we are moving forward with what we promised for the city of Larnaca.
I am very pleased to be here. We see today a very important investment for our country starting to materialise. In the very near future, in other cities in Cyprus and in Larnaca, we will also announce new important and reliable investments, showing the true potential of our country.
(PM/EP/NZ)
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