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[PIO] Signing of the Limassol Public Passenger Transport Concession Contract

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The Limassol Public Passenger Transport Services Concession Contract was signed today, July 4, 2022, at the Ministry of Transport, Communications and Works. Director General of the Ministry of Transport, Communications and Works, Mr. Yannis Nicolaides and, on behalf of the company "Limassol Passenger Transport Company (E.M.E.L.) Ltd", the CEO of the company, Mr.

The total duration of the Contract is 10 years and the total amount is €146,449,710.

The total duration of the Contract is 10 years and the total amount is €146,449,710.00 including VAT and with the right of the Contracting Authority to extend the services up to 50% for the amount of €51,711,450.00 including VAT.

The new service concerns the in-service performance of 7.2 million km compared to the 6.4 million km performed under the previous Concession Contract, of which 2 million km will be performed by 35 electric buses. The fleet will consist of a total of 177 new buses.

This new Contract is another step in the implementation of the Government's plan to upgrade Public Passenger Transport. The main objective is to make the choice of using Public Passenger Transport by bus an essential alternative to the mobility needs of the modern citizen.

(MKυ)
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