On 9 February 2023, the Authority's Director General Mr. Mr. Yannis Nicolaides, Director General of the Ministry of Transport, Communications and Works, signed a Lease Agreement on behalf of the Authority for 100 years of land located in the villages of Mari, Zygi and Tochni of Larnaca District, near the port of Vasilikos, covering an area of approximately 343,000 square meters.
The development potential of the area is huge, making Vasilikos Port the first Industrial Port of Cyprus, which, while serving the port industry, will lead Cyprus to the green transition and the reduction of pollutant emissions in ports by 2030, aiming at the sustainable development of the port industry.
(AF/EXP)
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