The Contracts for the development of Paralimni Marina are signed today, between the Ministry of Energy, Trade, Industry and Tourism and the General Investor of the project, the company PMV Maritime Holdings.
The ceremony that will take place at the City Hall of Paralimni at 12 noon and on behalf of the ministry will be signed by the competent minister George Lakkotrypis.
The marina of Paralimni will be built in the area of the fishing shelter of Agios Nikolaos and will have a capacity of 300 boats.
Under the agreement, PMV will manage the marina for 125 years, while the cost of the project is estimated at 100m euros.