The decision to extend the Port of Latchi
The project to extend the Port of Latchi is another concrete example of the political will of the Anastasiades Government to undertake actions for the development of the peripheral regions, Minister of Transport, Communications and Works Mr. The Minister was speaking at a press conference held by the Cyprus Ports Authority and the Municipality of Polos Chrysochous to present the decision to expand the Port of Latsios.
The decision to expand the Port of Latchi was taken after taking into account the trend and the growing interest that has been observed in recent years in the wider Mediterranean region and in Cyprus for nautical tourism and the importance of the project for the State is reflected in the personal interest that the President of the Republic has in its promotion, Mr.
The increasing demand for mooring spaces for yachts, the Minister noted, led the Cyprus Ports Authority to decide to transform the Port of Latsios into a more functional and modern space to keep up with and satisfy the needs of seafarers and other port users.
"The benefits of the expansion of the Port are multiple and affect various sectors, such as the economy and tourism of the Polis Chrysochous district and Cyprus in general," the Transport Minister stressed. According to Mr. Karousos, "the creation of more berths, combined with the high quality tourism infrastructure operating in the area, will highlight the Polos Chrysochous district as a popular quality tourism destination, which can offer Cypriot and foreign visitors a complete tourist experience, with special natural features and a unique tourist product, which make it an attraction."
The completion of the works for the extension of the Port of Latchi will transform the area into a "one-stop shop" for the tourism industry. Addressing the Mayor of Polos Chrysochous, the Minister of Transport conveyed the Government's commitment to "realising another promise we had made to the residents of your Municipality. We remain committed to implementing projects in areas remote from urban centres, such as Polis Chrysochous, to improve the quality of life of residents. I am glad because our cooperation so far is bearing fruit and has already upgraded your municipality. I convey to you the assurance that the State will continue to support your efforts, providing solutions to issues that concern you."
According to the decision of the Cyprus Ports Authority, the extension of the port basin and the port forks of the port is being promoted in order to create infrastructure for new berths for vessels. The cost of the project is estimated at €53.5 million (including VAT) and will include marine works, new berths and breakwaters. The cost of the investment will be covered by the profitability and reserves of the Cyprus Ports Authority. The relevant decision of the Cyprus Port Authority was preceded by an extensive discussion and feasibility study of the project, also taking into account the shortcomings observed in relation to the availability of berths in the Port of Latsios.
(MKY)
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