in-cyprus4 Jul 2026

Cyprus Ports Authority presents €415 million master plan to upgrade Larnaca port and marina over 20 years

The Cyprus Ports Authority (ALK) has presented a 20-year roadmap containing €415 million (±50%) in projects to develop Larnaca’s long-delayed port and marina, officials said.

The proposal, unveiled to the Larnaca Development Committee, aims to revive the two critical state infrastructures that have remained stagnant for two decades following three failed privatization attempts with private investors. Under the new plan, public ownership of the infrastructure will be maintained by ALK, while...

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Geopolitical crisis hits Cyprus tourism employment as June unemployment rises by 9.9%, data shows

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