After, the president of the Paphos Chamber of Commerce and Industry clarified that the procedures regarding the submission of bids for the consultancy services for the Paphos Marina project had been completed, the deputy ministry of tourism and Deloitte Triton Paphos Marina Consortium signed a contract to provide consulting services responsible for the preparing of the tender process documents, towards finding a strategic investor for the Paphos Marina project.
The total duration of the contract is 30 months. The tender process for the Paphos Marina is expected to be completed at the end of 2024, at which time the successful bidder will be known, whilst the project is expected to be completed around the end of 2026.
Consultations with both public and private entities are going to take place in the coming months, as provided for in the contract, to finalise its parameters.
Deputy Ministry of Tourism, Kostas Koumis said that the first step has been taken for the implementation of an important project for the district of Paphos, which is expected to upgrade the tourist product of the whole of the island and strengthen the foundations for the further development of maritime tourism and yachting tourism particularly, a form of tourism characterised primarily by high-income visitors.
The aim of the contract is to create a tender process that will lead to the selection of a strategic investor, which will develop the marina using the Design, Built, Finance, Operate, Transfer, method.
According to the deputy ministry, the marina is slated to be built in the Potima area, in Kissonerga village. The investor will have the option to either build a marina with a capacity of 1,000 boats, which will include both residential and commercial development, or a combined development of a marina of 1,000 boats, with infrastructure to accommodate cruise ships, which will also include residential and commercial development.
