Limassol Marina | Official Opening

June 19th 2014 was a landmark date for Limassol Marina. The President of the Republic of Cyprus, Mr Nicos Anastasiades inagurated the most ambitious project to date on the island.

Mr. Marios E. Lanitis, Chairman of the Board of Directors of Limassol Marina Ltd, said during his opening ceremony speech:

“Limassol Marina is an incredibly unique development, one that is significantly boosting the competitiveness of the Cypriot economy, further improving its image, creating new job opportunities, upgrading the area of the historic centre of Limassol and offering an incentive for investments in the wider region. Limassol has now obtained a Marina of high standards, which compares very favourably with other marinas abroad, while being a point of reference for the wider Eastern Mediterranean region”.

The then added: “Through the course of time, our experience has revealed the necessity for a legislation that will enable the creation of a “one-stop-shop” service, which will manage such investments in an efficient way, avoiding bureaucratic procedures”.

During his speech, the President of the Republic of Cyprus congratulated the shareholders of Limassol Marina Limited - Cybarco, J&P, J&P Avax, Athena, Francoudi & Stephanou Group and the companies CADS and LMDC - and expressed his admiration for this project which is of a great and multi-dimensional importance for Cyprus. He specifically said - referring to the stakeholders that during the construction period, the stakeholders were worthy of their “vision, love for the Project, as well as commitment, hard work, patience and perseverance and believed from the very beginning in the success of a development of such a major importance and size."

“I would like to underline the fact that the aforementioned virtues that characterise the stakeholders of this outstanding project – the vision, commitment, hard work and perseverance – are the recipe for success for all the progressive businesses of Cyprus. It is the invaluable guide of Cypriot entrepreneurship, which, especially during this difficult economic period, attempts to overcome the challenges we face today in order to put Cyprus back on track for growth and prosperity”.

The inagural plaque was then unveiled by the President of the Republic and the shareholders, marking the official opening of Limassol Marina.



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