The project will have a capacity of approximately 800—1000 vessels. The development plan also entails an improvement of the surrounding area and its infrastructure, and includes construction of hotels, apartments, parks, bicycle lanes, shops, restaurants and cafes.
Construction of the new port will be undertaken by the Zenon Consortium, and will cost around 200 million euros.
The building of Cyprus’ other new Marina in Limassol is rapidly progressing. The first phase of the project will be completed in 2012.