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New industrial port of Vassilikos expected by 2023 Minister of Transport tells CNA
CNA - CYPRUS/Nicosia 13/03/2019 16:36



The cost of construction of the new industrial port in Vasilikos which will operate as a service centre for oil and gas industry in Cyprus and the wider region is estimated to reach  €250 million and expected to be ready by 2023.

Minister of Transport, Communications and Works Vassiliki Anastassiadou told CNA, that the Ministry was in the process of appointing a consultant to prepare the tender documents for the project. The purpose of the tender is to choose an investor to undertake the expansion of the existing Vasilikos port by design-build-finance-operate-transfer (DBFOT) method.

(CNA)

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