Cyprus News Agency

     CNA   Cyprus President reiterates determination to do utmost for a peaceful future     CNA   Trilateral summit between Cyprus, Greece and Jordan in mid April     CNA   FM outlines Cyprus` vision to establish a regional security and cooperation organisation     CNA   

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.


*The full text of the news item is available in the paid version of the CNA web service. Subscription Form

*CNA reserves the copyright to the news stories it files, which is granted to subscribers for specific use only.

CSE:64,810  -0,520%
FTSE/CySE:38,840  -0,540%